The 200-day recently acted as major support and the price action remains above this key level.
Upside price momentum supports the bullish trend.
Above 2650 supports a bullish bias.
RSI leaves enough room for further upside price potential.
Pre-empting trade - adjust risk accordingly.
Profit target: 2900
Stop-loss: 2600
Upside price momentum supports the bullish trend.
Above 2650 supports a bullish bias.
RSI leaves enough room for further upside price potential.
Pre-empting trade - adjust risk accordingly.
Profit target: 2900
Stop-loss: 2600
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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.