The price has advanced by approximately 300 pips, as previously noted. It remains on track to reach 19535, after which a significant retest down to 19290 and potentially 19160 is possible before resuming the upward move. Sustained stability above 19535 would further support a rally toward 19680 and 19970.
Key Levels:
Pivot Point: 19535
Resistance Levels: 19680, 19810, 19970 Support Levels: 19290, 19160, 18920
Expected Trading Range Today: 19160 to 19625
Trend: The market is highly sensitive; an uptrend is expected above 19535, while a downtrend may develop if the price remains below this level.
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.