10 July Wednesday View

30375 (USD 1259.76) proved to be a resistance yesterday again which has been tested several times before but not been breached. From there the price tumbled down but 30000 (USD 1244.21) provided support. Break of 29950 (USD 1242.15) should pull the price further lower but the channel support level 29451 (USD 1221.40) should provide some support in that case. If 30000 (USD 1244.21) holds and price pushes upwards, the previous mentioned 30375 and 30590 (USD 1268.70) should attempt to contain the price within. Let's see how it rolls.

Trade Happy, Trade Safe :)