Friday's movement was choppy, and the price is now testing the intermediate resistance at the 85300 zone. Next resistance is at the 85500 zone.
Buy above 85320 with the stop loss of 85180 for the targets 85460, 85580, 85740, 85900, 86060, 86220, 86400 and 86560.
Sell below 84960 with the stop loss of 85100 for the targets 84840, 84700, 84540, 84400, 84240, 84080 and 83900.
As per the daily chart, the price is testing the trend line, and it has to break and sustain above it.

Always do your analysis before taking any trade.
Buy above 85320 with the stop loss of 85180 for the targets 85460, 85580, 85740, 85900, 86060, 86220, 86400 and 86560.
Sell below 84960 with the stop loss of 85100 for the targets 84840, 84700, 84540, 84400, 84240, 84080 and 83900.
As per the daily chart, the price is testing the trend line, and it has to break and sustain above it.
Always do your analysis before taking any trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
