REDATOR Ben Graham Posted February 10 REDATOR Report Share Posted February 10 [Platinum] Although both EMAs are still in a Death Cross, but with RSI(14) indicator in the Neutral-Bullish level indicates that Platinum has an opportunity to strengthen in the near term. Key Levels1. Resistance. 2 : 2216.82. Resistance. 1 : 2169.23. Pivot : 2101.84. Support. 1 : 2054.25. Support. 2 : 1986.8Tactical ScenarioPositive Reaction Zone: If the price breaks above 2169.2, the advance may continue toward 2216.8.Momentum Extension Bias: If 2216.8 is broken, there is potential for #PLF to reach 2284.2.Invalidation Level / Bias RevisionThe upside bias weakens if the price falls below 1986.8.Technical Summary EMA(50) : 2095.5EMA(200): 2129.1RSI(14) : 52.83Economic News Release Agenda:From the United States the following economic data will be released:US - ADP Weekly Employment Change - TentativeUS - Core Retail Sales m/m - 20:30 WIBUS - Retail Sales m/m - 20:30 WIBUS - Employment Cost Index q/q - 20:30 WIBUS - Import Prices m/m - 20:30 WIBUS - Business Inventories m/m - 22:00 WIBUS - API Weekly Statistical Bulletin - 04:30 WIBThe material has been provided by InstaForex Company - www.instaforex.com Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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