Daily analysis of Silver for February 16, 2017
February 16, 2017 3:02 pmVideo
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Overview
The price shows bullish bias now in attempt to approach from our first main waited target at 18.30. It reinforces our positive overview on the intraday and short-term basis. It is organized inside the bullish channel that appears on the chart, waiting to breach the mentioned level to head towards 19.38, as the next main station. Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 17.75 followed by 17.43 levels and holding below them. The expected trading range for today is between 17.75 support and 18.40 resistance.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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