Friday's close is practically at the minimum values (The movement, theoretically, is not over yet), but before that the market may test the lower boundary of the consolidation (the nearest resistance).
Resistance levels: 2315, 2325
Support levels: 2291.2, 2273.41
I expect local strengthening before the subsequent fall. Traders may try to buy back some of the decline (liquidity gathering) before further testing support with a view to breakout.
Resistance levels: 2315, 2325
Support levels: 2291.2, 2273.41
I expect local strengthening before the subsequent fall. Traders may try to buy back some of the decline (liquidity gathering) before further testing support with a view to breakout.
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Disclaimer
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.