Prices have given a Weekly Close above its resistance of Trendline and horizontal level 54.
Weekly RSI has also negated its lower top lower bottom formation.
Weekly MACD has also turned positive.
Prices could now head to its previous all time high of 67, and optimistically clear it to touch 89.
Bullish view remains valid as long as prices trade above 52.
Weekly RSI has also negated its lower top lower bottom formation.
Weekly MACD has also turned positive.
Prices could now head to its previous all time high of 67, and optimistically clear it to touch 89.
Bullish view remains valid as long as prices trade above 52.