As per the red arrow, we have rejected the sideways resistance at around 94.50. Failure to stay above the green arrow (acting as a sideways support) may result in a reversal down towards our hard support at 72.30.
If we break above the sideways resistance, we will face a hard resistance at 103. Remember to set your stops and minimize your downside risk.
If we break above the sideways resistance, we will face a hard resistance at 103. Remember to set your stops and minimize your downside risk.