Upswing has incredibly big scale, therefore there are little chances to break resistance 1516.00: market definitely needs a pullback and bulls will want to lock in a part of good profit.
Local upward structure becomes heavier - it’s harder for buyers to post every new high. It’s quite coinciding with conclusions from the daily chart: we expect one more upward momentum to 1516.00 and then steep downward reversal in direction 1510.00.
Growth of the quotes to the 1516.00 region and then reversal to 1510.00.
Longs to 1516.00.
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