The price just broke the support line and made the support line into resistance line.
In daily time frame you can see it closed with a red candel under the support line, which now is a resistance level.
4h time frame broke the support line with a long red candel, which i expect the price to go and test support line around the 106 price level
In daily time frame you can see it closed with a red candel under the support line, which now is a resistance level.
4h time frame broke the support line with a long red candel, which i expect the price to go and test support line around the 106 price level
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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.