A price action above 90.00 supports a bullish trend direction.
Increase long exposure for a break above 93.00.
The target price is set at 104.00 (almost the 23.6% Fibonacci retracement level).
The stop-loss is set at 85.00.
Might be bouncing off the lower range of the declining channel pattern.
Remains a risky trade.
Increase long exposure for a break above 93.00.
The target price is set at 104.00 (almost the 23.6% Fibonacci retracement level).
The stop-loss is set at 85.00.
Might be bouncing off the lower range of the declining channel pattern.
Remains a risky trade.