Share prices made the vital break out of the downward price channel in yesterday's trades in the H1 time frame after falling from 5.86 in August 2020. The critical price level to watch is at around 5.18 and 5.35, a break above 5.35 could see share prices head towards the 5.80 targets.
The current critical support and resistance estimates on the price chart are based on my indicator, predicting future price movements based on price action.
Critical support level estimates - 5.18, 5.08, 4.90, 4.73, and 4.56
Critical resistance level estimates - 5.35, 5.45, 5.63,5.80, and 5.97
The current critical support and resistance estimates on the price chart are based on my indicator, predicting future price movements based on price action.
Critical support level estimates - 5.18, 5.08, 4.90, 4.73, and 4.56
Critical resistance level estimates - 5.35, 5.45, 5.63,5.80, and 5.97