If we're able to get above the 50 EMA that's a strong indication of a Uptrend fixing to happen, so if we get above it & the Volume pick up we should see a big push above the upper trend line rolling into Thursday morning.
If we hit the 50 EMA we could see a rejection & continue to call into a Consolidation phase sticking around .27 heading into Friday.
If we hit the 50 EMA we could see a rejection & continue to call into a Consolidation phase sticking around .27 heading into Friday.
