In the above graph, you can notice a dark cloud cover formation.
Definition of Dark Cloud Cover formation: If the open today is greater than yesterday's close and today's close is below yesterday's midpoint of the day.
2.53 seems to be the resistance at this point. I expect 2.3 to be the support level. If that support is broken, the next support level seems to be at 2.24. Since the dark cloud cover pattern was near a resistance area, it adds more legibility to the bearish reversal.
For more info on Dark Cloud Cover Pattern Link1 Link2
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