2 July. We discussed that a move below 1.810 and 1.885 may signal further downside or further upside. Although it did move above 1.885 and indeed move higher, but it did not managed to move above 2.000. It only managed to move to a high of 1.915.
On 12 July, it closed at 1.840, which coincides with its 50-days moving average.
Preferred Scenario: A move above 1.930 and a break above Median Line may see 2.000 ...
