We have pulled back from a familiar level of 142.50. I think we probably go looking towards the 140 support area where 50 day EMA awaits. That's an area where we are likely to find buyers and this is a buy on dips market and we are obviously struggling with an area that you know extends to 145.
I do think we are trying to grind above and get there but at this point in time, lots of choppiness to continue. I think 140 is probably your short-term floor in the market.
Trade Safe
Good luck!
I do think we are trying to grind above and get there but at this point in time, lots of choppiness to continue. I think 140 is probably your short-term floor in the market.
Trade Safe
Good luck!