Share prices recently had a price gap to the upside but seem to be having difficulty breaking out of the price channel and holding above 1.730. Prices. After being rejected a couple times at the top of the price channel, share prices retreated and closed the last trading session in between 1.730 resistance and 1.630 support.
Share prices could go either way at this stage. A break and hold above 1.730 could see price head towards 1.875 target/resistance and a fall below 1.630 could see prices fall to the bottom of the price channel at around 1.525
Share prices could go either way at this stage. A break and hold above 1.730 could see price head towards 1.875 target/resistance and a fall below 1.630 could see prices fall to the bottom of the price channel at around 1.525