Friday, June 4, 2021

 As indicated yesterday USD 1855 acted as a good support during the Asian session, price then turned around to hit USD 1894 during the US session.

I did buy @1855 and close my position @1894 to then go short following the "sell on rallies strategy", however I left a tight stop order @1902.

There is no clear short term trend at the moment so that I will surely take profit in any sell-off below USD 1880 and go into a wait and see mode.

Should the price breaks 1855 to the downside the next levels of support are 1820 and 1793.

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