OP FACES MAIN RESISTANCE : TIME FOR PULLBACK

Oct 16

OP is bouncing from a bullish trend, boosted by an order block (OB) zone and an unfilled CME gap lurking below.

Short-term, look for OP to test support near 1.48. If the CME gap fills, a drop to around 1.32 is possible. On a bullish note, if momentum holds, we might see a rise back toward 1.99.