Pointsbet on 12.30, 12.40 support area.

Long term resistance, turned support. Bounced 3 times at these levels, should be coming to a time where there is one more recoil here, maybe up to 13.50. Chance of a break of support and push lower where next support is at 11.50.
Happy to sit on sidelines here as market as a whole seems weak.
Supply and DemandSupport and Resistance

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