Strong support area 9.500 - 10.500. Technical criteria: 1) Rejection from the trendline 2) Rejection from the Fibonacci retracement 62% 3) The round number 10.000 4) 50% drop from the recent high acting as a support 5) Historically really strong horizontal area acting currently as a support 6) Monthly EMA 100 7) Monthly EMA 200
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.