Analysis and Forecast:
Trend Analysis:
The chart shows a recent trend reversal from bearish to bullish.
The price is testing the resistance around 204.70.
Entry and Exit Levels:
Long Entry (Buy): 202.89
Target: 205.69
Stop-Loss: 202.49
Supports and Resistances:
Resistances at 204.70 and 206.00.
Supports at 202.89 and 202.49.
Indicators:
Oscillator, RSI, and Stochastic indicate bullish momentum.
Disclaimer:
This analysis does not constitute financial advice. Do your own research before investing.