Trade Path 1: Price recently broke to the upside passing the previous lower highs. A pullback into support level 164.000 is potential for longs into 167.000. Price could also simply to continue to rise from where it is now and not give us a buying opportunity.
Trade Path 2: If price manages to break under support level 164.000, could see a possible retest from the downside pushing price lower into the lows if 162.000/
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.