This article was first published on Orbex Forex Trading Blog.
As we advised 2 days ago and as we see over our previous chart
Market managed to test 24620 support which if managed to support the market another advance wave toward 25050 and 25180 will be expected
Market managed today to hit 25011 while Intraday support laying at 24800 where as long as market holding above more advance towrd 25050 and 25180 will be expected
Below 24800 more drop to re-test 24620-50 zone may hit the market before another advance toward 25180 may took place
Below 24620 more drop may hit market to tst 24460-510 support zone which in turn may activate the uptrend wave again
Below 24460 more drop to test 24220 and below will be expected
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