The price dropped and reached our weekly target of 38,050, as mentioned at the beginning of the week.
Now, the price will likely attempt a retest up to 38,190 and 38,400 before potentially dropping again. The bearish trend will be activated by stability below 38,050, targeting 37,820.
A bullish scenario will be triggered if the price breaks above 38,790, aiming for 39,050.
Pivot Line: 38,675
Resistance Levels: 38,790, 39,050, 39,350
Support Levels: 38,410, 38,020, 37,820
Today's expected movement range is between the support level at 37,820 and the resistance level at 38,400.
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