Looking at the price chart, we can see that the price has just made a third bounce off the line that has already acted as both support and as a resistance in the past. It already made a small bullish move, but we are expecting this bounce to go higher. More accurately, we are expecting the price to touch the upper indicated line, that is acting as a resistance line in a channel.
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Go ahead and check out our new website:
http://www.quantum-tech.net/
Feel free to grab a copy of our Free Weekly Market Outlook here:
mailchi.mp/bc78576d6...eweeklymarketoutlook
We wish you good luck with your trading!