Suis currency price moved within a tight sideways range in the intraday levels, in an attempt to gather momentum to rise anew, amid the dominance of the upward correctional wave due to trading above the 50-day SMA, while the price vented off overbought saturation in the Stochastic as negative signals emerged from it, but the downward trend remains dominant so far.
We expect the price to rise correctionally in the intraday levels, targeting the pivotal resistance of $3.1534.
Todays price forecast: Bullish