A has been posted as prices reject the higher levels. Prices have reacted from 33.00. Trading inside the Daily . Expect trading to remain mixed and volatile. Momentum is stalling with the posting of new highs and indicates divergence. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. This has resulted in mixed signals and we prefer to trade a break.
Our profit targets will be 29.50 and 28.00
Resistance: 32.20 / 33.00 / 34. 40
Support: 31.00 / 29.00 / 28.00