Support Zone: The price is currently near a strong support level. If this support holds, we can expect a bullish move.
Resistance Zone: The price is projected to rise toward the resistance area around 149.000. If it breaks through, further upside momentum is likely.
Forecasted Movement: The analysis suggests an initial retracement to support, followed by a bullish push toward resistance. A breakout above resistance could indicate a continuation of the uptrend.
Resistance Zone: The price is projected to rise toward the resistance area around 149.000. If it breaks through, further upside momentum is likely.
Forecasted Movement: The analysis suggests an initial retracement to support, followed by a bullish push toward resistance. A breakout above resistance could indicate a continuation of the uptrend.
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Disclaimer
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.