According to our analysis, the price has declined and reached our target. Currently, it remains stable below the 144.19 level and is undergoing a correction toward the resistance at 144.19. After testing this level, the price is expected to resume its decline toward 142.6.
Generally, the direction is a downtrend
Uptrend Side: To be bullish, the price should close the 1D or 4H candle above 144.10 and especially cross the zone between 145.60 and 146.43.
Downtrend Side: the bearish trend still has a strong volume as long as trade below the zone between 145.60 and 146.43, will fall toward 142.60 and under it 140.74.
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