The rising trend line from Dec 2013 low and June 2015 low offered support in December 2016. The nice rebound from the trend line followed by yesterday’s spike suggests the prices could test supply around 164.65 (weekly 50-MA) over the next few days.
The weekly MACD has turned positive as well… the RSI is about to turn bullish as well
The weekly MACD has turned positive as well… the RSI is about to turn bullish as well
