The UNSAS100 reached the previously identified resistance level of 20,540 before reversing downward. The current direction is bearish despite the earnings results, with a potential retest of 20,330 anticipated before resuming a downward trend.
If the price remains below 20,330 and 20,180, it is likely to decline further towards 19,990. Conversely, stability above 20,330 would signal a return to bullish momentum, targeting 20,540 and 20,710.