Prices managed to hit a low around 86.88 while the market still holds chances for a trading zone.
As we see over the chart, the market is facing a support zone at 86.10-84.20 which could give the chance for a trading zone towards the 93.00-60 resistance.
The market managed to hit the target of 93.60 and above towards the resistance of 96.60.
Prices could hold up and down movements between 86.10-84.20 and resistance 96.60.
Intraday support start at 94.50-75 while target still toward 101.00 and 103.70.
Below 94.50, more of a drop could hit market towards support 91.40.
The market open was met with an upward gap today as negotiations between Iran and the U.S hit a dead end.
Below 84.20 more of a drop is expected with supports at 81.00 and 76.00.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 94.50-75 | 101.00 |
| LEVEL2 | 91.40 | 103.70-90 |
| LEVEL3 | 87.10 | 108.35 |
