Resistance at around 650
Fairly strong resistance there as can be seen on the 4 hour chart. Further resistance is based only on Fibonacci levels so next resistance could be in the 68X area.
MACD crossing could indicate a slight upwards move.
Direction of the overall trend is still down unless lower 800's are broken and confirmed.
MACD crossing could indicate a slight upwards move.
Direction of the overall trend is still down unless lower 800's are broken and confirmed.
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