The price reached SMA100 which is a resistance line. If the price can breaks it, we'll get a signal confirming a trend reversal and further upward movement. We can use the local high for placing pending orders for buy. MACD lines support the upward movement. ADX line of DMI indicator rises and it tells us that the bulls become stronger. Entry level is 9600.00 with stop orders at 7900.00 level. Profit targets are 12000.00 and 17000.00 resistance levels.
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