Bullish support at 94,90, resistance at 97,50
Weekly:
- Ichimoku is neutral. Price back to Kumo, and slightly above Kijun Sen. Market trades at equilibrium level now.
- Heikin-Ashi is bullish, haDelta/SMA3 moving higher above zero
- Resistance is ard 97,50
- EWO is higher, market is losing possible bearish bias.
Daily:
- Ichimoku setup turned bullish, but Price is not at a perfect level to buy right now, as short term the upside may be limited around 97,50.
- Any retest to the rectangle zone should be viewed as a possible buy opportunity.
- Heikin-Ashi shows some consolidation after initial extreme spike. haDelta pulls back from extreme high.
Conclusion: Be smart! Try to buy it lower, not now.
- Ichimoku is neutral. Price back to Kumo, and slightly above Kijun Sen. Market trades at equilibrium level now.
- Heikin-Ashi is bullish, haDelta/SMA3 moving higher above zero
- Resistance is ard 97,50
- EWO is higher, market is losing possible bearish bias.
Daily:
- Ichimoku setup turned bullish, but Price is not at a perfect level to buy right now, as short term the upside may be limited around 97,50.
- Any retest to the rectangle zone should be viewed as a possible buy opportunity.
- Heikin-Ashi shows some consolidation after initial extreme spike. haDelta pulls back from extreme high.
Conclusion: Be smart! Try to buy it lower, not now.
