Suis price (SUIUSD) declined in its latest intraday trading, with negative signals appearing on the RSI. The price is attempting to gain positive momentum that may help it recover and rise again, supported by ongoing positive pressure from trading above its previous 50-day SMA, while remaining under the control of the main short-term uptrend and moving along a supporting trendline.
Therefore, we expect the price to rise in upcoming intraday trading, as long as the 3.6366 support level holds, targeting once again the key resistance level of 4.0000.
Todays price forecast: Bullish.