Holiday Trade Takes Prices Lower

Daily Continuation

Discussed the developing medium trade bias in the Weekly area of the website but for now the daily direction is showing a correction to test support and confirm the historical tendencies of weakness early in the July prompt existence. Expect key support zones to be tested ($2.36 and $2.21) in early calendar June.

Major Support: $2.21, $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support: $2.36
Major Resistance $2.543-$2.604, $2.836, $3.00, $3.536, 3.595

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