After taking a breath to gather strength on the uptrend, price is now sustained by the Ichimoku cloud as well as the 50MA that have been acting as support.
Other indicators like the ADX are already signaling the resume of the uptrend and this should keep on up till 1245. At that point, depending on the strength of the trend, it will possibly keep on to test last top on the 1280's.
Other indicators like the ADX are already signaling the resume of the uptrend and this should keep on up till 1245. At that point, depending on the strength of the trend, it will possibly keep on to test last top on the 1280's.
