Price is currently respecting a descending channel after rejecting the 68.00–68.15 resistance zone. We've observed:
A strong bearish impulse breaking key structure.
Retest of a previous support now acting as resistance (66.94)
Downside targets around 64.00, and possibly extending to the 59.50–58.90 support zone.
A strong bearish impulse breaking key structure.
Retest of a previous support now acting as resistance (66.94)
Downside targets around 64.00, and possibly extending to the 59.50–58.90 support zone.
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