Price has built great support and is now heading to a previous resistance zone prior to the bearish trend breakout. If price breaks above this resistance, expect price to head up to 1830 area and above.
@Genti2687, I dont see that happening at all if you take a look at the daily time frame or even the 4 hour time frame, price is currently in a bearish channel, this is confirmed by two major resistance wicks for the support and vice versa for the resistance area. Currently, price has hit the support and bounced up towards the resistance im assuming in a bullish trend. So i dont see where you're coming from with the 1630-1600