For the third consecutive week prices traded below the key area at $1.61 set a low between $1.519-$1.55 only to give up the losses by the close of the week. Last week, the bids took the prices to the high of the day as the market closed. Extending the declines seems to be exhausting for the bears as last week, the bears could just manage the low at $1.521 before the bids hit the action. Have some interesting comments on the full website that is now up and rolling — please take a moment to review as the web is free for the remainder of the month before it becomes a pay site in May (Daily will no longer be free). While opinions and interpretations may be different, I am more interested in comments about the site.
Major Support: $1.611, $1.555–$1.519, $1.481
Major Resistance:$1.883, $1.993, $2.029, $2.08-$2.10, $2.34, $2.437,
Minor Resistance: $1.767-$1.78, $1.833