CMA is approaching our first resistance at 88.30 (Horizontal pullback resistance, 61.8% Fiboancci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 76.33 (50% fibonacci retracement, 61.8 %Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.