Hi everyone! Yes despite apparent motion up week MACD remains in a red zone. On the chart it is visible that the previous movement was much stronger down, than growth now. Therefore I consider, it is only correction. Now the price is at resistance 1805 and also crossing of the trend line. Strong resistance is 1825-1835. I expect the movement down to level 1640 which I designated at the beginning of a year.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
Comment:
