Highlighted this resistance level a couple of weeks ago when it first started to come into play. It's a big level, 50% marker of the 2001-2008 major move.
And for three weeks now this level has helped to hold the highs. There's also been a pretty consistent show of support around the 80 handle.
At this stage all that's clear is the potential for pullback, and there's a big zone of support potential around prior resistance in the ~75 area. But, if buyers can't defend there could be stage for more.
Breach of last week's low at 79.40 opens door for a move down to 76.72, the topside of the support zone.
And for three weeks now this level has helped to hold the highs. There's also been a pretty consistent show of support around the 80 handle.
At this stage all that's clear is the potential for pullback, and there's a big zone of support potential around prior resistance in the ~75 area. But, if buyers can't defend there could be stage for more.
Breach of last week's low at 79.40 opens door for a move down to 76.72, the topside of the support zone.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.