Currently, price is struggling to break above 110.00 however the weekly chart is retracing back with the potential to re-test the weekly 20MA. A break and close above the key 110.00 resistance would see prices head towards the 111.00 resistance. Look for long opportunities only if price can close above 110.00.
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.