Price currently ranging in between 169.835 as resistance & 167.188 as support while also moving in respect to a higher TF uptrendline. Now if price breaks & closes above the resistance at 169.835, then we can expect price to continue pushing up creating higher high while moving in respect to the uptrendline.
However, if price closes below the support, then we can expect price to continue pushing down to retest the next support at 165.009 by breaking the uptrendline.
However, if price closes below the support, then we can expect price to continue pushing down to retest the next support at 165.009 by breaking the uptrendline.
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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.