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April 07, 2021 at 03:54PM
• Natural gas reversed from support level 2.455
• Likely to rise to resistance level 2.685
Natural gas recently reversed up from the pivotal support level 2.455 (which has been reversing the price from January) – strengthened by the lower daily Bollinger Band.
The upward reversal from the support level 2.455 started the active minor upward impulse wave (iii).
Natural gas is likely to rise further toward the next major resistance level 2.685 (which stopped the previous minor impulse wave (i)).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/natural-gas-wave-analysis-7-april-2021-20210407/
Selected by fonecable.com
Search Web: Natural gas Wave Analysis 7 April, 2021
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