The key now will be if the lows yesterday hold and the bulls can get a rise back up. However, since we rose yesterday the short term charts are still weakly bullish, whilst the daily charts are not, showing decent resistance at the 6795 area, where we have the 25ema on the daily chart, and also the R1 level. The bulls will be keen to hold the 6700 area if we get...
Bigger picture supply zone formed around 6960.
Intermediate zones have been formed within this zone.
Zone is not fresh but is "in control".
A rally back to 6940 might see a short with 3:1 R/R ratio depending on the arrival back to the zone.