- Major resistance – 6065 (Feb 17th high)
- Major support -5990
- The index has made a high of 6051 yesterday and closed at 6049. Short term trend is slightly bullish as long as support 5990 holds.
- On the higher side major resistance is around 6065 and break above targets 6129/6167/6320.
- The index major support is around 5990 and break below targets 5965/5915.
- Short term bullish invalidation only below 5840 level.
It is good to buy only above 6065 with SL around 5990 for the TP of 6129/6170/6200
The material has been provided by InstaForex Company – www.instaforex.com