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FRby u/freshforexteamFrance·11hDiscussion

$EMXC hitting resistance at 97, but still looks constructive?

Been watching $EMXC pretty closely today, and it's interesting how it's bumping right up against that 97.00-97.10 area. It touched 97.07 earlier and has pulled back slightly. From my perspective, this level has been a sticking point before, acting as a minor resistance. I'm wondering if we're seeing a bit of a retest there, and whether it has the steam to push through.

What I'm trying to figure out is if this is a temporary pause or a more significant ceiling for now. If it can clear and hold above 97.10, the technical picture seems to open up a bit more. However, a sustained move back below 96.40, especially if it breaks today's low of 96.43, would invalidate that constructive view for me and suggest further consolidation, or even a pullback, might be in the cards.

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