– I’ll be looking for potential Buys above 199.850 targeting previous 4h Support formed at 200.350 Leaving Runners to the Daily Rejection area around 200.750.
– I’ll be looking for potential Sells below 199.270 targeting 4h Support formed at 198.830 Leaving Runners to the strong Daily Support formed around 198.360.
– The daily chart of the asset is caught in a prolonged range, showing a persistent struggle and weakness. Over the weekly timeframe, the price continues to hover at this critical level, almost begging for a breakout. All eyes are on this pivotal moment, as a decisive move could signal the next major trend.