CLSK Forex Analysis for Today, Friday (29-12-2023)

CLSK Forex Analysis for Today, Friday (29-12-2023)

CLSK Held at Support, Candle Hammer Signals Reversal

CLSK Analysis – Strengthening of the US dollar is exerting pressure on CLSK movements. On the H1 timeframe chart, prices experienced a temporary decrease but held at the support area, forming a candle hammer pattern.

Today’s Trading Strategy:

  • Execute Buy Stop @72.20
  • Target: 73.20 – 73.80
  • Alternatives:
    • Consider Sell Stop @71.60
    • Target: 70.50 – 69.90

Resistance Levels:

  • R1 71.60
  • R2 70.50
  • R3 69.90

Support Levels:

  • S1 72.20
  • S2 73.20
  • S3 73.80

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