On this weekly chart the Tenkan Sen & Kijun Sen have turned flat. It indicates we could be entering a consolidation period for the next few weeks at least.
The critical support area for the week is $3.35. If that fails, the next support area where buyers will drive the SP back up is the Kijun Sen at $3.12 area.
Resistance will be the $3.93 area.
Below is a daily chart.
Support for tomorrow will be the $3.46 area, if that fails the $3.35 support area comes back into play.
Resistance will be the top of the Kumo at the $3.66 level. We have to close above that level in order to move higher & start filling gaps.
The Tenkan Sen & Kijun Sen have crossed, that indicates a weak sell signal on the daily chart.
The candle stick pattern here (last 3 candles) could be considered a "morning star" pattern & indicates a bullish reversal may have started.
IMO
Chart, page-5650
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