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Today's Scenario:
As the forecast stated ,prices reversed from the 27.70 area and tested 26.90 and again bounced back,looking at the pattern of the rise further bounce attempt into the 27.70-28.03 zone cannot be discarded.While on the contrary a break of 26.85.26.50 zone we might resume the downtrend.Remain cautious Bernanke speech coming up at 7.30 pm(GMT +5.5).
Have a great trading day ahead.
As the forecast stated ,prices reversed from the 27.70 area and tested 26.90 and again bounced back,looking at the pattern of the rise further bounce attempt into the 27.70-28.03 zone cannot be discarded.While on the contrary a break of 26.85.26.50 zone we might resume the downtrend.Remain cautious Bernanke speech coming up at 7.30 pm(GMT +5.5).
Have a great trading day ahead.
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