H1 : Ongoing short term recovery in progress. Watch Fibonacci retracements as resistances levels Interesting to note that the 61.8% coincides with the H1 clouds resistance area and above there is the downtrend line resistance which has not been broken yesterday !
M15 : Short term bullish divergences triggered a recovery. Similar view than in H1, with clouds area as the first resistance. Interesting to note that the former support line coincides also roughly with the 50% Fib retracement On this very short term time frame, a move above the clouds would be the first signal of a sustainable short term recovery
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