With London now closed and New York slowing down after PMI news it's always good to get a broader view of how the day will end, and what the key levels are to keep an eye on going forward.
The 1938 level remains the most critical level as it could act as a support level for price to retest before continuing up towards 2000. However, should this support fail to hold then 1902 would be the next target with potential of moving further down.
On the bullside; should we have a daily close above 1962 we can expect another run up towards 2000.
The 1938 level remains the most critical level as it could act as a support level for price to retest before continuing up towards 2000. However, should this support fail to hold then 1902 would be the next target with potential of moving further down.
On the bullside; should we have a daily close above 1962 we can expect another run up towards 2000.