The uptrend (started from the July lows) outperformed, reaching 139,70, in conjunction with the 61.8% retracement (downtrend from 170.32 to 94.318) and maximum of June 2009. Technically, we can not exclude a last spike to 141.30, however, the future expectations will remain focused on the possible declines (physiological nature), at least until 130,00. The view also reinforced from MACD momentum in negative divergence on the weekly chart.
Analysing the COT's chart, it can not notice that the …
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