Any daily close below the blue support could lead to further downside.
For now, this is just a retest for an upward move or a quick scalp. The invalidation level is above.
Also, you can see how the 281.1–291 area is acting as resistance again.
Upside moves in this zone are best used to book profits.
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#others#/#alts# update:
Any daily close below the blue support could lead to further downside.
For now, this is just a retest for an upward move or a quick scalp. The invalidation level is above.
Also, you can see how the 281.1–291 area is acting as resistance again.
Upside moves in this zone are best used to book profits.