Overall market volume is down 3% on new CoT report data, indicating a likely weakness in the new trading week.
π Total market volume declined by 3% and the number of locked positions increased by 1%, indicating the likely nature of the asset's price corridor flattening during the first half of the new trading week.
The nearest support within the trading week is the premium level of the hedge resistance zone (1764.03).
π‘ In case of withdrawal and fixation below the premium level of hedger resistance zone we expect further decline with the nearest target - hedger support zone (1725.00).
In case of breakdown and fixation below the mentioned price level, we expect decrease to the market maker's loss level (1714.06).
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