Price took out the 16100 level, returned and failed to
find support, which puts previous support in focus at
15600. A close below that level with open up for a move
towards the lower channel and 15000 level.
We need to see a close above the 16110 level for more
upside on intra day basis. Note that the medium line of the
channel gave resistance. A break of that will be quite bullish.
Daily pivot point at 15218 is another intraday downward
target, if it continues lower.
find support, which puts previous support in focus at
15600. A close below that level with open up for a move
towards the lower channel and 15000 level.
We need to see a close above the 16110 level for more
upside on intra day basis. Note that the medium line of the
channel gave resistance. A break of that will be quite bullish.
Daily pivot point at 15218 is another intraday downward
target, if it continues lower.