A price action above 43.00 supports a bullish trend direction.
This level also overlaps with its confluence of 200-day and 200-week simple moving averages. The 50% Fibonacci retracement level also supports upside potential.
Further bullish confirmation for a break above 45.00.
The target price is set at 46.00.
The stop-loss price is set at 42.00.
Remains a risky trade.
This level also overlaps with its confluence of 200-day and 200-week simple moving averages. The 50% Fibonacci retracement level also supports upside potential.
Further bullish confirmation for a break above 45.00.
The target price is set at 46.00.
The stop-loss price is set at 42.00.
Remains a risky trade.