Buyers are active in the current price, and if the volume increase the price will break the resistance level and go beyond the resistance.
If the prices come lower level and breaks 77.50 level it is predicted that it will move do down direction.
----4 hour chart----
In 4 hour time frame price is creating a value area,
if The buyers are more active then the sellers, price will break the value area and it will go up-direction. And if not the price will continue its move zig-zag formation.
If the prices come lower level and breaks 77.50 level it is predicted that it will move do down direction.
----4 hour chart----
In 4 hour time frame price is creating a value area,
if The buyers are more active then the sellers, price will break the value area and it will go up-direction. And if not the price will continue its move zig-zag formation.