Trading suggestion: There is possibility of temporary retracement to suggested support zone (154.70 to 147.05), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Technical analysis: .A peak is formed in daily chart at 154.60 on Thu, 01/18/2018, so more losses to support(s) 151.60, 147.70, 145.30 and minimum to support zone (139.30 to 135.55) is expected. .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. .Relative strength index (RSI) is 58. .Current short-term is range bound, but beginning of downtrend is expected.
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Technical analysis: A peak is formed in daily chart at 156.10 on Thu, 01/25/2018, so more losses to support(s) 151.60, 147.70, 145.30 and minimum to support zone (139.30 to 135.55) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 54. Current short-term is range bound, but beginning of downtrend is expected.
Technical analysis: .A peak is formed in daily chart at 156.10 on Thu, 01/25/2018, so more losses to support(s) 151.60, 147.70, 145.30 and minimum to support zone (139.30 to 135.55) is expected. .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. .Relative strength index (RSI) is 54. .Current short-term is range bound, but beginning of downtrend is expected.