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.
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?
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.