Huge Move, But Levels Respected

After forming a very large move lower, price sold off directly into the support level.

As the daily chart shows, whilst this was a large move, both the daily support and resistance levels remained intact and respected.

Price has now formed a small inside bar on the daily chart.

For the moment there are no obvious price action trades and the best plays looks to be letting price action show it’s hand a little more before committing to any more trades.