monthly chart : the prices move on sideways since 1 june'16 , making lower highs while having a good support at 104.900 weekly chart :supporting the analysis of monthly chart Daily chart : the prices are near daily resistance area so we may retest it at 110.000 if we have any reversal candle in 1 h chart this mean that we may fall down to the short targets 109.500 /109.100/108.700 if breaking above 110.000 we may see more buying power that may ppush the prices up to 112.300
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.