The movement since earlier this year has had very little resistance on the upside, we need to see additional testing to confirm these levels, prior to going higher. we think it must go to lower zone near the bottom of channel to gain power to explosive uptrend.
Note
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Note
If break the 16400 resistance it will raise till the top of the channel near 17000-17200
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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.