Hi All this im my Opinion only, of the current support and resistance dynamics.
It appears that 6.2c is a major resistance level going back to 2005 where it eventually resolved to the downside.
currently its retesting that level again, and appears to have built a nice consolidation/base just below that level.
however IMO, after the recent attempt at 6.4c it must now stay in the upper half of the current base i:e not close below 5.4c in order to break through 6.2c-6.4c
PRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
