There are a cluster of lows around this area so price will most probably want to take out the lowest low before going higher.
This is due to traders stops being positioned under these lows so eventually the market will gravitate to these and take them out and possibly go lower to shake off retail traders before going higher.
This is due to traders stops being positioned under these lows so eventually the market will gravitate to these and take them out and possibly go lower to shake off retail traders before going higher.