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Currently, the daily trend is still bearish, but there is a rebound on the four-hour level. Pay attention to the support level at 99200 for today's minor retracement. If it doesn't fall below this level, the trend still looks for a rebound on the four-hour level. The resistance for the rebound on the upside is at 102427. Only when it breaks the daily resistance again, the trend will have a strong upward momentum. The resistance on the upside is in the range of 104700-106400. Conservative short positions can wait at these two levels. If the price breaks below 99200 on the
View OriginalCurrently, the daily trend is still bearish, but there is a rebound on the four-hour level. Pay attention to the support level at 99200 for today's minor retracement. If it doesn't fall below this level, the trend still looks for a rebound on the four-hour level. The resistance for the rebound on the upside is at 102427. Only when it breaks the daily resistance again, the trend will have a strong upward momentum. The resistance on the upside is in the range of 104700-106400. Conservative short positions can wait at these two levels. If the price breaks below 99200 on the