Price Action Analysis: Resistance Test and Bearish Targets
Technical Analysis
Today's price is expected to test the resistance zone before initiating a bearish movement.
However, as long as the price remains below 43,620 and 43,760, it is likely to drop towards 43,350 and 43,210. A break below these levels could extend the downward move further to the 42,770 area.
Key Levels:
Pivot Point: 43600
Resistance Levels: 43720, 43900, 44110
Support Levels: 43350, 43210, 42970
Today's price is expected to test the resistance zone before initiating a bearish movement.
However, as long as the price remains below 43,620 and 43,760, it is likely to drop towards 43,350 and 43,210. A break below these levels could extend the downward move further to the 42,770 area.
Key Levels:
Pivot Point: 43600
Resistance Levels: 43720, 43900, 44110
Support Levels: 43350, 43210, 42970
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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