Double top at around historical resistance levels. A retracement down is expected.
Historical Resistance level reached. A retracement down is expected.
The price is close to historical support (dotted lines) . Looking for a break above the blue bar. Target around 4.79 where there is a historical resistance line close by.
If key resistance holds then a pullback is expected as shown by the blue bar.
If key resistance is broken then prices may head towards the 11.59 level.