Technical indicators are bullish. RSI is above 60-level and is BULLISH. TT2 Weekly Trend is BULLISH.
If the price closes above Inside bar 12.60, the nearby resistance is 17. If the price closes below Inside bar 8, the nearby support is mid-Bollinger band 5.70 on the weekly chart.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid. ***this is my personal view. Please take advice from your financial advisor before investing.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.