-7SMA support tested and passed. But , it requires the next move that is to cross back above 70 to entice the bulls. And this requires a +ve, if not strong, DJ tonight. As at late Asian, DJ +20, Europe +0.5%/…looking good for bulls.-regional firmer, recovering tone after Mon’s weakness…does not seem to have a main direction. Strong CO price helps
-above 60 is +ve, targeting a re-test of 70 resistance. If 60 breaks, 40-50 range in the next 2-day.
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