$USUAL is currently in a bearish trend. A break below $1.1160 could lead to further declines toward $1.1000. However, if the price can rebound and break above $1.1964, it may signal a potential reversal toward $1.2500.
Recommendation:
For Bulls: Look for signs of stabilization above $1.1160 or a break above $1.1964 for confirmation of an upward move.
For Bears: Maintain positions if the price continues to trade below $1.1964, targeting $1.1000 as the next level.
Support and Resistance Levels:
Immediate Support: $1.1160 (24-hour low)
Next Support: $1.1000 (psychological level)
Immediate Resistance: $1.1964 (recent high near MA(25))
Major Resistance: $1.2500 (near MA(99))
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