After successfully closing above 37.2 we begin the day with a nice green candle.
If the previous resistance has turned to support we can expect two targets.
A daily resistance would be 38.9 based on previous resistance and support levels that coincide with the 0.5 Fibonnaci retracement.
A weekly resistance would be 40.4 based again on previous resistance and support levels that coincide with the 0.618 Fibonnaci retracement.
If the previous resistance has turned to support we can expect two targets.
A daily resistance would be 38.9 based on previous resistance and support levels that coincide with the 0.5 Fibonnaci retracement.
A weekly resistance would be 40.4 based again on previous resistance and support levels that coincide with the 0.618 Fibonnaci retracement.
