Bulls took a big rebound when they got the MA-200-days support and closed the day at a bit higher than the recent high. Bulls are expected to challenge the area 1424.00-1425.00, where the MA-50-days meet with a confluence of Fibonacci levels and a trend line.
If you think there is an analog of prices after the June 04 and that one after the November 16, 2012, that both pullbacks are supported at 38.2% retracement. So you may wonder if Bulls can make 1440.00 before a next pullback?
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