With a series of higher peaks and troughs our upward parallel trend channel has been confirmed on the upper and lower sides several times now. We are now trading in a range above the original trading range window, staying above this is vital to build more bullish sentiment and turn the market.
Consistently we've found support at 6255 over the last few weeks. Sudden drops below have seen a return above followed by support confirmation at that level again. A parallel upward trend is now forming with support between the lowest low and a confirmed recent retest of the 6255 level. Price is still struggling to hold upward breakouts from the trading range...