
Weekly price is above Ichimoku cloud in the bullish area of the chart. The price was bounced from 498.6 resistance level to below for ranging within 393.6/498.6 s/r levels. If the price breaks resistance at 498.6 so the strong bullish trend will be continuing. If the price crosses the support level at 393.6 so the secondary correction to the bearish reversal will be started with 297.6 as a possible target. Recommendation: ranging for direction
2026.01.22 08:07
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The price is still ranging within 393.6/498.6 s/r levels for direction.