Next trading opportunity
Even though the pressure is on down side but 129.32 is a pivotal level. Buyers and sellers will fight in order to get control of this level.
If we trade above 1294.94 and stay above it then our next target is at 130.66
If we take a long position we should use below 129.32 for our stop. If market starts trading lower with break of 128.86 levels it will try to test the support at 128.56 and below that level
Please trade on your own risk. thank you
Even though the pressure is on down side but 129.32 is a pivotal level. Buyers and sellers will fight in order to get control of this level.
If we trade above 1294.94 and stay above it then our next target is at 130.66
If we take a long position we should use below 129.32 for our stop. If market starts trading lower with break of 128.86 levels it will try to test the support at 128.56 and below that level
Please trade on your own risk. thank you