All the momentum indications showed a test of resistance but that was not a solid test as prices only got within $08 of the key zone. It was interesting that prices fell to the 50 day SMA and found a bid– but I am more interested in the days ahead, as it may provide a key for the direction near term. Let me take this opportunity to wish all of you the prayers and comfort from the spiritual week. There will not be a publication on Good Friday.
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: $1.833, $1.915