Description
⋅ Support @ 110 held, Hammer formed, signaling Bullish trend.
Break above Hammer = possible rise to 112.5
Break above 112.5 = possible rise to 115 level
Break below Hammer = possible decline to 108
Break below 108 = possible further decline to 100
Bullish trend still showing momentum, however taking into consideration eventual market correction.
Personal analysis only. Please use your own rules & strategies prior to entering market.