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Technical Analysis

Technical Analysis
Tuesday 23rd April 2024: Technical Outlook and Review

Multi-swing high resistance, indicating a significant level where selling pressure might intensify, potentially leading to a reversal or continuation of the bullish momentum.

By IC Markets Global

Technical Analysis
Monday 22nd April 2024: Technical Outlook and Review

Pullback support, indicating a level where buying pressure might increase, potentially providing a foundation for a bounce or continuation of the bullish momentum.

By IC Markets Global

Technical Analysis
Friday 19th April 2024: Technical Outlook and Review

An Overlap support, indicating a significant level where buying interest might be present, potentially providing a foundation for further upside movement.

By IC Markets Global

Technical Analysis
Thursday 18th April 2024: Technical Outlook and Review

An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.

By IC Markets Global

Technical Analysis
Wednesday 17th April 2024: Technical Outlook and Review

An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.

By IC Markets Global

Technical Analysis
Tuesday 16th April 2024: Technical Outlook and Review

An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.

By IC Markets Global

Technical Analysis
Monday 15th April 2024: Technical Outlook and Review

An Overlap resistance with a 78.60% Fibonacci Projection, indicating a significant level where selling pressure might increase, potentially leading to a reversal in the bullish momentum.

By IC Markets Global

Technical Analysis
Friday 12th April 2024: Technical Outlook and Review

Acts as an Overlap resistance, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.

By IC Markets Global

Technical Analysis
Thursday 11th April 2024: Technical Outlook and Review

Acts as Pullback resistance with a 127.20% Fibonacci Extension, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards despite the prevailing bullish trend.

By IC Markets Global

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