Generally, the direction is uptrend
Summery: The price has reached our target based on the prior analysis. Currently, it is undergoing correction. Upon the completion of this correction, we anticipate that the price will attempt to break through the zone located between 2701 and 2714, signaling a potential rise toward the levels of 2733 and 2757.
Uptrend Side: the uptrend movement will start when the price stabilizes above the zones of 2701 and 2714.
Downtrend Side: The price is expected to decline to approximately 2669 as part of a corrective movement. A confirmed downtrend would be indicated if the price closes below 2669 on a 4-hour (4H) candlestick chart.
Tendency Keys: 2701 and 2714