Morning team. We broke the 205 level yesterday which I was expecting would be the next demand zone. We are currently testing the 209 level previously mentioned as being an important level. Should we break the 209 level as well as the 205 level , I suspect we could be looking at the 185 level and possibly 160 level worst case scenario.
Keep a eye on the levels today and watch how the price reacts to these levels. The avg market price is at 215 and the market price is at 209 acting as support and resistance for today.
Rsi on the daily is looking like its got room to move more down but anything is possible
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