As you see in the 1h time frame, there is a downside breakout on 181.3 level which was a strong support level for price and currently, it has turned into a resistance level.
Price had a significant drop and made a lower low. Currently, it has started some retrace and upside correction move.
If price makes a lower high in its current upside move and then comes down to break the yellow support level at 179.95 strongly, we can expect more drop on GJ to the green level at 178.88
Price had a significant drop and made a lower low. Currently, it has started some retrace and upside correction move.
If price makes a lower high in its current upside move and then comes down to break the yellow support level at 179.95 strongly, we can expect more drop on GJ to the green level at 178.88
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