Trading remains rangebound, with investors reluctant to build large positions ahead of key US inflation data for August due on Wednesday.
Generally, the direction is uptrend
Uptrend side: The price is expected to drop to 2497 before starting to rise above 2507. Trading above 2507 may lead the price to reach the previous high of 2529.
Downtrend Side: Trading below 2497 by closing the 4H candle will indicate a downtrending toward 2484, with the potential to reach 2473.
Tendency Keys: 2507