On the weekly, price has pulled back to previous breakout level where it is expected to act as a major support at 74.8440. It is also at daily 50MA.
On the H4 timeframe, price dropped to 200MA 1st Support at 74.9360 which is also a daily support. We could expect a short-term bounce to resistance at 75.3170.
This is for personal record purposes only, not financial advise or solicitation of trade.
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