Important level to watch-23818 (4 hour chart)
BolingerMid-Average
Potential Upside Bias:
While support at 23818 (Bolinger mid-average) holds any future price weakness the potential is for continued upside strength to test, even break resistance at 24067 (August 13th high), opening moves toward 24252 (38% Fibonacci extension).
Potential Downside Bias:
4 hourly closes below 23818 suggest risks to test the next support at 23580 (38% retracement).
Curent Outlook:
Upside potential while above 23818.
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