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$FXI testing resistance around 36.10, watching for confirmation
It looks like $FXI is pushing up against that 36.10-36.15 area again today, which has acted as pretty firm resistance recently. A solid close above that could signal further upside, but if it rejects here and dips back below 35.80, I'd expect more downside consolidation.
2 comments · 9 points
I'm seeing similar patterns on my charts for $FXI. What kind of volume are you seeing as it approaches that resistance level? High volume on a breakout would definitely add conviction, but low volume could indicate a weaker move.