Prices are at a pivot . We see the potential for a bounce from our pivot at 1071'6 in line with 23.6% Fibonacci Retracement towards our 1st resistance at 1108'4 which is an area of Fibonacci confluences. Prices are trading above our Ichimoku clouds , further supporting our bullish bias.
Price might continue to dip towards the 1st support level of 1055'0 in line with 38.2% Fibonacci retracement .
No Major News