Local structure is consolidating. We see consecutive higher lows and lower highs. At this moment the market is forming downswing, therefore we’ll probably see one more testing of support zone 1700.00-1701.00, where we can again consider long-trades.
It’s a big question whether bulls will be able to pass resistance zone 1712.30-1713.68 today.
So, we expect a downward pullback to 1700.00-1701.00 and then growth in direction 1712.30-1713.68.
Longs from 1700.00-1701.00 to 1712.30-1713.68.
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