100EMA (red line) is even with 200EMA (black line) at $1.54. 50% Fib retrace of the wave is at $1.55. Both should act as support as broken below 50 EMA (blue line).
Interesting that they dropped it right at the point where 100EMA was going to cross over 200EMA. The 150EMA is slightly below at $1.51.
50EMA is at $1.71 = gap fill.
SP currently sitting on 29th July 2022 peak as support. Lot's of support lower on the chart at $1.55. Might even bounce tomorrow as anything is possible.
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