Support at 200EMA still holding in as we attempt to align with upper buffer (1900); not much new for today so refer to yesterday's post for possible scenarios.
In short, look to maintain a hold at 200EMA with second support at long-term trendline (purple). Remember that this trendline also has a buffer zone of it's own.
In terms of resistance price should look to hit ~1940 off a short-term recovery for further momentum.
In short, look to maintain a hold at 200EMA with second support at long-term trendline (purple). Remember that this trendline also has a buffer zone of it's own.
In terms of resistance price should look to hit ~1940 off a short-term recovery for further momentum.
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