GJ Hi 211.85
Lo 210.64
The market went down with a more than 200pips dip yesterday, after a failed breakout from EMA55 (daily chart) north towards EMA100 (daily chart). As such EMA55 will still form a resistance at ~213.50
Support is at EMA21 (daily chart) at ~210.40. A breakout south from EMA21 will find support at ~209.0 (Fib retracement daily chart)
GU
The price attempt EAM200 (Daily chart) yesterday. In fact it did a double top before climbing down, and sail pass EMA21 (1 hour chart).
I expect the price to consolidate today, after the last 2 days of big movement. The band will be between EMA21 and EMA55 (1 hour chart) at 1.985 and 1.980 respectively.
CCI has not go into overbought, but gradient is tapering off. Of course breakout north is still possible at 1.985 towards EMA200 (daily chart) and beyond.
Should GU break south, it will be supported at 1.976 (EMA100 1 hour chart) followed by 1.970 (EMA200, 1 hour chart)
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