The current price zone (as marked in the chart) is a critical price action level.
It has acted as a significant support as well as resistance in the past.
Now the counter has broken below, tested it and converted it to a resistance.
Hence, we expect the counter to head lower to the next support of 70.642
It has acted as a significant support as well as resistance in the past.
Now the counter has broken below, tested it and converted it to a resistance.
Hence, we expect the counter to head lower to the next support of 70.642