Bulls remain unfazed by the sudden drop yesterday. Got supported by 2.6-2.8 level and is now at 3.2 level at the time of writing.
WATCH OUT FOR THE movement on the descending channel at the shorter term and take caution on the descending triangle as well for the medium term trend.
TP 1 4-4.6
TP 2 6-6.6
TP3 10
WATCH OUT FOR THE movement on the descending channel at the shorter term and take caution on the descending triangle as well for the medium term trend.
TP 1 4-4.6
TP 2 6-6.6
TP3 10
Comment:
Descending triangle broke down. Went down to actual support at 1.8-2 level. Expect resistance at 2.7-3.
