Zooming out from the 1h and 4h charts we can see the development of a symmetrical triangle. Weather we go down to test the lower trend line remains to be seen. A layover of the Fib levels from December and April show an overlap at the 1010-1020 range that could prove to be difficult resistance to overcome when we begin up-trending again. The 100 EMA on the daily is hovering in the 670s that may provide short term support with stronger support at the 0.236 Fib and above in the 600 - 650 region.
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