The ~0.3 support holding well. Two scenarios here to look for: 1. we might see a drop to 0.25 area then push back to the consolidation area, 2. a move toward 0.4 area from here
If 0.25 doesn't hold, its threatening to break below an upward trend that has been there since April.
If 0.25 doesn't hold, its threatening to break below an upward trend that has been there since April.