A price action above 1403 supports a bullish trend direction.
The 200-day simple moving average might act as major support.
Increase long exposure for a break above 1450.
The target price is set at 1501 (just above its 23.6% Fibonacci retracement level).
The stop-loss price is set at 1366 (its 200-day simple moving average).
Remains a risky trade.
The 200-day simple moving average might act as major support.
Increase long exposure for a break above 1450.
The target price is set at 1501 (just above its 23.6% Fibonacci retracement level).
The stop-loss price is set at 1366 (its 200-day simple moving average).
Remains a risky trade.