• Short term trend is up while long term trend remains down.
• Pin bar pattern formed at 1220.00 support.
• This pin bar rejected the uptrend line adding weight to the bulls.
• Resistance level at 1245.00.
• Break above the pin bar (green line) may offer long trades.
• 1245.00 resistance may serve as a target for sellers.
• Pin bar pattern formed at 1220.00 support.
• This pin bar rejected the uptrend line adding weight to the bulls.
• Resistance level at 1245.00.
• Break above the pin bar (green line) may offer long trades.
• 1245.00 resistance may serve as a target for sellers.