Price battling it out at the upper buffer as we begin to close in on possible MACD divergence. Critical resistance should be assumed at 200EMA followed by 1570 -> 1650.
Prior average for the long-term yellow ascending pattern (blue) has been removed and can now be noted by the outer longer-term ascending support (red).
From here we should look to maintain zone until the transition above 1500 which would provide a layer of crossover support.
Prior average for the long-term yellow ascending pattern (blue) has been removed and can now be noted by the outer longer-term ascending support (red).
From here we should look to maintain zone until the transition above 1500 which would provide a layer of crossover support.
