Watch out for key levels

If price breaks the 40342 level, it will likely try to reach Target Line 1 (blue line); and if the price surpassed the 40900 level, it would likely try to reach Target Line 2 (red line), otherwise, price will range below these levels but again if it breaks the 39051 support, price may likely try to reach the previous 38500 support level. In the meantime, price has reached its very bottom and may probably test some areas of resistance to reach the 40342 level.