The likely nature of the medium-term flattening confirms a 10% increase in investors' locked positions.
🔝 In case of a successful test of the week's balance level (60.00), expect a rise to the premium level of hedger (63.11).
🌐 In case of breakdown and fixation below the balance of the week (60.00), we expect the alternative scenario - corrective decline to the price level of $57.00, where significant buy orders are located.
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The indicated intraday option support level is further reinforced by the close of the week's option balance level (60.00).
🎯 In case of successful test of the mentioned support we expect a rise with maximum upside target before the end of the currency day,- limit seller (62.66).
Based on the fixation below the balance of the week (60.00) on the first trading day, the main scenario for today is the retest of 60.00 and the subsequent decline with the nearest benchmark, the limit buyer (57.56).
🌐 Hedger support zone (57.00) is the medium downside target, which is reinforced by upside gains of $50.6 total.
☝🏻 The main scenario is a false break of the weekly balance (60.00) and subsequent rise to the limit seller (60.50).
🔝 In case of rebound from the mentioned resistance and formation of selling pattern, we expect downside with intermediate target - daily balance (59.32) and final one - limit buyer (58.34).
💪🏻 Today we expect a retest of the balance of the week (60.00).
❌ In case of breakdown and fixation above, we expect a rise to the limit seller (60.44).
The nearest support in this case is the limit buyer (58.83).
Today during the European session we expect to reach the limit buyer level (59.00)
💰 In case of successful test of the mentioned support level, we expect impulsive rise to the area of the week balance and limit seller (60.00-60.10).