Checking way last week on from 19th Aug, Fiber was rejected twice @1.16685 making the region a VERIFIED SUPPORT level. while all hope was on it falling further !!!
Throughout last week was an upward trend as another 1 time VERIFIED SUPPORT level has been formed from 24th @1.17280.
POSSIBLE MARKET MOVES
Currently the price is found around an UNTEST resistance level. could this level reject it ?
well, there is a high tendency that there will be a retracement ( Check paths on chart ) touching a possible support point @1.17785.
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