The price consolidated in the resistance zone 153.27. This zone is at the intersection of the corrective rally (from March 2020) and the strong 2007 resistance line. Over the past month, the price has touched this zone twice. I take this as a good fixation and believe that now we can expect a fall. The price will go down to the support line at 145.50.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.