Watching $RLUSD closely as it tests resistance at 1.00
If $RLUSD fails to break above 1.00, we may see a deeper correction to 0.99 and potentially 0.98
10-bar trend: sideways, Swing highs/lows: HH=8 LL=10, Near support: True, Near resistance: True
A daily close above 1.01 invalidates this short setup
Where do you think $RLUSD will head next?
If $RLUSD fails to break above 1.00, we may see a deeper correction to 0.99 and potentially 0.98
10-bar trend: sideways, Swing highs/lows: HH=8 LL=10, Near support: True, Near resistance: True
A daily close above 1.01 invalidates this short setup
Where do you think $RLUSD will head next?