The current trend is Bearish with a target at 156.700 The highlighted areas are Supporting the Bearish Trend -> 158.400 -> 158.000 -> 157.500 Any of these resistance areas can be retested to regain bearish momentum. First confirm that any of the mentioned resistances has been respected before leaping.
The current area that is supporting the temporary bullish reversal is at 157.140. Since the trend is bearish, if price retests this area and it is accepted below, more SHORT opportunities can unveil below.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.