We Could possibly continue to trade within the channel if it remains intact.However if we have a breakout towards the downside 2.2440 area is likely to come into focus before that we require a close below 2.2944 area. A clear break above 2.4148 area suggests a resumption of the bullish trend.How ever we may continue to trade within the current channel if we get a rebound from the T.L support from April 22nd of this year !