Hourly chart pattern – Sideways channel
Pair’s retreat from 6715 levels has kept the doors open for a slide to the falling channel support currently seen at 6640-6650 levels.
However, sellers are seen coming in once the intraday support around 6680 is breached.
Corrective move from the low of 6654 could gather pace if the index sees an hourly close above channel resistance.
Pair’s retreat from 6715 levels has kept the doors open for a slide to the falling channel support currently seen at 6640-6650 levels.
However, sellers are seen coming in once the intraday support around 6680 is breached.
Corrective move from the low of 6654 could gather pace if the index sees an hourly close above channel resistance.
