Due to the strong bearish momentum and a potential test of the key support cluster at $1,680, I see the downtrend continuing.
Watch for selling opportunities with a downside target at $1,575. Stochastic
is showing a fresh bearish crossover, which is a good sign that sellers are in control.
Key Resistance is priced at $1,729
Relevance 09:00 2022-09-16 UTC 2 The Company does not provide investment advice and the analysis performed does not guarantee results. The market analysis published here is intended to raise your awareness, but does not provide guidance for making a trade.