The price is poised to reach 2320 today and, if it breaks this level, it will likely continue its bearish trend towards 2311 and 2302.
Current Outlook: The price is expected to consolidate between 2320 and 2337 until a breakout occurs. The initial movement is anticipated to target the 2320 level.
Bullish Scenario: To initiate an uptrend, the price must break above 2342, potentially moving towards 2357. Stability above 2320 would also support a bullish push, with the price fluctuating between 2320 and 2337.
Bearish Scenario: The current downtrend from 2335 and 2337 is expected to target 2320. A 4-hour or 1-hour candle closing below 2320 would confirm a bearish trend, with the price anticipated to trade in the bearish zone between 2302 and 2320.
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