Nice recovery to keep us above the highlighted zone and cause a slight upturn in daily MACD.
New resistance line added at 3350 (H1 neckline) if we see continued momentum from here.
A push to D1 200EMA (3500) would be a good sign for reversal but I'm still not convinced that we're fully through with this correction.
New resistance line added at 3350 (H1 neckline) if we see continued momentum from here.
A push to D1 200EMA (3500) would be a good sign for reversal but I'm still not convinced that we're fully through with this correction.
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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.