Yesterday's bullish candle has properly broken the trend line and in near future 114-115 mark can be seen.
A good buy cant be originated at the present scenario as at this price range two time settlement has happened, a group of weak and strong resistance placed one after another.
In case if price range breaks 23.6% fibo(113.71) we can look at higher price range 114-115
alternate scenario if price falls below of weekly pivot the point may fall towards 111, 110 towards 106 which is 38.2%
Regards
A good buy cant be originated at the present scenario as at this price range two time settlement has happened, a group of weak and strong resistance placed one after another.
In case if price range breaks 23.6% fibo(113.71) we can look at higher price range 114-115
alternate scenario if price falls below of weekly pivot the point may fall towards 111, 110 towards 106 which is 38.2%
Regards