The price is in the range between 107.07 (support) and 107.62 (resistance).
One of the options for range trading is to buy from support and sell from resistance.
The other is to wait for a breakthrough! In this case, we expect the price to continue in the direction in which it broke and we can look for trades in this direction.
Resistance levels
107.80
108.20
108.58
Support levels
106.66
106.38
105.98
Which of the two options do you prefer?
One of the options for range trading is to buy from support and sell from resistance.
The other is to wait for a breakthrough! In this case, we expect the price to continue in the direction in which it broke and we can look for trades in this direction.
Resistance levels
107.80
108.20
108.58
Support levels
106.66
106.38
105.98
Which of the two options do you prefer?
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