Sept09 - FCPO (1D) - Mild Bullish Above August Sideways Box...

8 thg 9, 2020

August sideways box, ranging roughly btw 2600-2800 zone has been broken, and recent test shows price chosen to stand above it aka bullish.
Immediate resistance is near, R1 @ ~289x-291x; while new support is formed, S1 @ ~278x-280x.
Sideways-Up situation for me...

Staying above immediate UTL, L1, may send price higher above >2900
Else, we may be in another consolidation range, trading within S1-R1 range.

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