That was quick... Not much resistance at 136.91 - 136.98 today, which has opened for a move towards 137.91 where we will find the next resistance. We must even accept the possibility for a move towards 139.37 where we will find strong resistance.A break back below 136.98 will dissapoint the bulls and a break below 135.65 will confirm, that a top is in place.
Original Post below:
Here we are again at resistance at 136.91. After a overthrow of the rising diagonal resistance-line we are currently back-testing this line, which also happens to be right at resistance at 136.91. Could we see a break above 136.98? Yes, but I would expect it to be short lived, but to really tune things down we need a break below 135.65, which would call for a deline towards at least 133.44.
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