The bullish trend started around the beginning of December '17. Medio December '17 the trend reversed in a bearish trend with the lowest of USD 9,200 couple a days ago, which also was the start of the bullish trend in the beginning of December '17. It bounced back and made a new support on USD 11,000 which is been tested last three days and holds!
It could not break through a ceiling of UDS 13,050. When breaks through 13,050, next target would be 14,350.
Trading range for the moment:
- Buy at 11K
- Sell at 13K