There’s a significant amount of liquidity between 2 & 2.5, specifically around the 21H HOB, which is located at 2.35–2.4. If that level is reached, it could provide a significant bounce; if it overshoots, we should look at the lower levels as shown in the image. It’s currently bouncing from the 7W HOB, but I’m particularly interested in that 21H HOB.
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