The large pancake trend broke through the previous low point and eventually consolidated at 9.2 in the early morning, completing its stabilization.
As long as the solid support is not broken, it is an ineffective fluctuation. The current false breakout point requires greater courage to engage in speculation.
The morning's re-test also adds strength to the support at 9.2, and the short-term strategy seeks to test the lower support at 9.2 for an upward outlook.
The short-term rebound target remains set at the 9.5-9.55 range, with primary support to defend focusing on the previous low near 9.15.
The main cyclical strategy continues to wait for a rebound to the 9.6-9.65 area to seek the possibility of a mid-line downward move to 8.5.