Suitable entry near 1055 with the measured target near 1130
Price has breached its all time high on 10th Aug’20. Thereafter price continued to print on pull back mode and test of earlier all time high near 960 levels. On shorter time frame (hourly),it has break out the trend line of the down trend channel and approaching for 2nd leg move. It is anticipated that on closing above 1055, a measured move up to 1130 may be achieved.
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