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Double header spotted which creates a slow moving but bearish environment for the short term. Resistance at anywhere between 18.75 to 18.78, looking for movement back towards 18.20s.
Have a great weekend !
I believe we’ll experience a short term buy from 18.09/10 to 18.25 this coming week. There has been a lot or resistance at the 18.25 to 18.30 mark from May 16th so i expect the price to continue bearing until we reach around the 17.70s.
Happy Trading everybody!