F have recently broken above the red rectangle area , If it closes above the green rectangle area (Considerably Above 6.3 ) in an upcoming day with bullish strength , it would be likely to continue up to the blue coloured area around the 8 and the thick black resistance .I think as long as it doesn't close considerably above the green rectangle area (Above the 6.3) it wouldn't be wise to buy .
Here's the weekly chart for the bigger picture :
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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.