There is still upside potential towards the 17200-17250 area. If price pushes extremely high up the 17600 level is possible as resistance.
Expecting price to drop from these areas, this is supported by a strong bearish divergence.
Bearish signals for oil and Nikkei225 are often indicating risk-off sentiment in the market. Will be looking for bullish signals with JPY and CHF as well.
The scale of the chart is changed to display all the levels in play.
Expecting price to drop from these areas, this is supported by a strong bearish divergence.
Bearish signals for oil and Nikkei225 are often indicating risk-off sentiment in the market. Will be looking for bullish signals with JPY and CHF as well.
The scale of the chart is changed to display all the levels in play.