I'm keeping an eye on $EM here, right at the 1.20 level. It's been a tough spot previously, so I'm curious if we see some resistance there again. My thesis would be invalidated if it pushes decisively above 1.20 and holds.
Yeah, 1.20 is definitely a key level for $EM. I'm watching to see if there's enough volume to push through, or if we get a retrace from there.
That's a good point about 1.20 being a historical resistance. Have you looked at the volume around that level in previous attempts? Wondering if that gives any clues.
That's a fair point about the 1.20 level for $EM. Do you think there's enough volume to push through it this time, or will it be a similar struggle as before?
Yeah, 1.20 has definitely been a sticky point for EM. Curious to see if it consolidates there or if there's enough buying pressure to push through this time. What's your next level if it does clear?