Price has broken below the 64.260 🔽 support zone and is now retesting it from the underside, showing bearish pressure. The market is currently leaning toward further downside unless bulls can reclaim 64.260. The next key support sits at 62.074 🔽, which has acted as a strong reaction point in the past.
Currently trading at 63.44, with
Support at: 62.074 🔽, 60.000 🔽, 55.931 🔽
Resistance at: 64.260 🔼, 71.101 🔼, 77.572 🔼
Bias:
🔼 Bullish: A breakout and hold above 64.260 could open the path toward 71.101.
🔽 Bearish: Failure to reclaim 64.260 may keep sellers in control, targeting 62.074 and potentially 60.000.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Currently trading at 63.44, with
Support at: 62.074 🔽, 60.000 🔽, 55.931 🔽
Resistance at: 64.260 🔼, 71.101 🔼, 77.572 🔼
Bias:
🔼 Bullish: A breakout and hold above 64.260 could open the path toward 71.101.
🔽 Bearish: Failure to reclaim 64.260 may keep sellers in control, targeting 62.074 and potentially 60.000.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Disclaimer
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.
Disclaimer
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.