Price is approaching our first support at 1861.82, where we could see a potential bounce at this level and further rise up towards our first resistance at 1959.93. It is worth noting that the price is still holding above EMA (20) in line with our bullish bias.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.