- The commodity has broken trend line resistance and jumped till $14.37 on Tuesday. It is currently trading around $14.32.
- Short term trend is bullish a jump till $14.62 is possible. On the lower side support is around $13.95 and break below targets 13.60.
- Overall trend reversal only above $14.62 and break above $14.62 will take the commodity till $14.86/$15.18.
It is good to buy at dips around $14.15-20 with SL around $13.95 for the TP of $14.62
The material has been provided by InstaForex Company – www.instaforex.com