Short term support at 1720, if doesnt go below this level then can go higher.
But if we can consider 1 month chart, major support levels are between 1610 to 1620 , so it can retrace to these levels and then go up again from there.
This is just for education purpose, DO NOT TAKE ANY TRADES BASED ON THIS CHART ANALYSIS OR THIS IDEA, I AM NOT TAKING ANY TRADE AND WONT SUGGEST ANYONE TO TRADE BASED ON THIS IDEA, CONSULT YOUR FINANCIAL ADVISOR AND INVEST/TRADE ACCORDINGLY, I AM NOT REGISTERED ANALYST.
But if we can consider 1 month chart, major support levels are between 1610 to 1620 , so it can retrace to these levels and then go up again from there.
This is just for education purpose, DO NOT TAKE ANY TRADES BASED ON THIS CHART ANALYSIS OR THIS IDEA, I AM NOT TAKING ANY TRADE AND WONT SUGGEST ANYONE TO TRADE BASED ON THIS IDEA, CONSULT YOUR FINANCIAL ADVISOR AND INVEST/TRADE ACCORDINGLY, I AM NOT REGISTERED ANALYST.