As we see over our previous chart, the market managed last week to test the support zone of 150.90-151.45, where prices rebounded from that zone.
The market reversed today to re-test the support zone at 150.90-151.45, as prices so far remain above it.
As we see over the chart, the market faces a support zone at 150.90-151.45 and 149.75, and if prices remain above one of those supports, the target will move towards 154.65.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 150.90 | 153.25 |
| LEVEL2 | 149.75 | 154.65 |
| LEVEL3 | 147.50 | 155.85 |
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