Price recently tested the 117,872 resistance and corrected downward.
It is now trading inside the support zone (111,699 – 112,428), which could act as a strong base for a rebound.
If this zone holds, a bounce toward 115,765 is likely.
A breakdown below 111,699 would signal bearish continuation and open the way for deeper downside.
It is now trading inside the support zone (111,699 – 112,428), which could act as a strong base for a rebound.
If this zone holds, a bounce toward 115,765 is likely.
A breakdown below 111,699 would signal bearish continuation and open the way for deeper downside.
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