The price is testing the 499'4 1W Resistance after a prolonged rise since the rebound on the 380'4 1W Support. We've made a Double Top
on the 1D chart which remains bullish
= 65.798, MACD
= 12.030, ADX
= 55.290, Highs/Lows = 2.8750). However MACD
is forming a top on a bearish
reversal pattern. We are expecting a strong rejection after that Double Top
and our Target Zone is 393'2 - 380'4.
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