ASX being held up by ascending support lines!
ASX is being held up by ascending support lines where it a potential bounce on weakness at 6009 (23.6% Fibonacci retracement) could occur. This could cause price to rise to its resistance at 6112 (100% Fibonacci extension, horizontal swing high resistance).
RSI (55) is being held up by a corresponding ascending support line and the ichimoku cloud is showing signs of bullish pressure which contributes to our bullish bias.
RSI (55) is being held up by a corresponding ascending support line and the ichimoku cloud is showing signs of bullish pressure which contributes to our bullish bias.
Trade geschlossen: Ziel wurde erreicht:
profit target reached!
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.