Daily chart: A very intense descending correction started, which in the very near future can achieve support 114.18 (the middle bar of the Bollinger). From here there may be a rebound up, because Previously, the bulls managed to break through the top envelope of the Bollinger. H4: Local pressure of bears is still preserved, and the market structure looks like broken. Well, let’s see if the reaction follows buyers in zone 114.18. H1: Very severe hour support 114.51 is tested right now. The oversold is significant, but we still tend to the fact that the sellers and buyers have interest below, in zone 114.18. Conclusions: Reduced to 114.18, then turn up. Trademarks: 1. Sales by 114.18. 2. Shopping from 114.18. .
03 Dec