The similarities to previous weeks continues as price found a bid and erased the previous day’s losses. This market is starting to “feel” different as prices decline and support arrives, which is much different than one or two months ago, where declines were piled into. It remains a range market and should be respected as such.
Major Support: $1.484-$1.44, $1.336 Minor Support: $1.527 Major Resistance: $ $1.864-$1.896 Minor Resistance: