The Trust Layer for Market Analysts

The analysis focuses on SUIUSD, currently at 1.52. It identifies a resistance area between 0.697 and 1.41, with the analyst not assuming a major low has been formed. There are two possible scenarios: a blue scenario indicating three waves up to the January 2025 high, followed by an ABC correction, or a white count suggesting a continuation downwards. A shorter timeframe analysis on the hourly chart reveals a break above a yellow trendline. Support for the B wave ranges from 1.37 to 1.49. The analyst prefers to see a C wave up in the coming week, still looking for higher prices as long as the micro support is held which is considered the pivot.