Dear Friends in Trading,
How I see it,
KEY RESISTANCE AREA @ 147.000 - 147.150
1) 145.940 - Swing Area @ 50% Retracement of July rally
2) As long as price remains below key resistance, watch price reaction
at swing area.
3) If this swing area is decisively breached, 145.000 will be targeted next.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
How I see it,
KEY RESISTANCE AREA @ 147.000 - 147.150
1) 145.940 - Swing Area @ 50% Retracement of July rally
2) As long as price remains below key resistance, watch price reaction
at swing area.
3) If this swing area is decisively breached, 145.000 will be targeted next.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
Note
Correction:KEY RESISTANCE AREA @ 146.700 - 147.150
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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.
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.