The daily chart resistance level we highlighted last week has now been broken and is looking to hold as a price flip support level.
As the daily chart shows; price has broken above this level and has formed a candle with a lower wick rejecting this level.
If price follows through with this momentum we can look for the next resistance level around 3424.45 to be tested and then a potential further extended leg higher.
As the daily chart shows; price has broken above this level and has formed a candle with a lower wick rejecting this level.
If price follows through with this momentum we can look for the next resistance level around 3424.45 to be tested and then a potential further extended leg higher.
