FKLI bias turned down after the failure of supportive candles of last week but price has to close below 1560 to keep bias intact.
Below 1560 (also a Fib level), expect support at 1556, morning gap of 21 June, and then the area of 1552-1550, the 4 week low.
The 1570 level now turned resistance followed by 1580 and 1586.
The longer term trend is up but price has to get back above 1580 to confirm it.
Sentiment is weak as futures was priced cheap to cash.
The 21 day moving average is now at 1575.
R1/1570 R2/1580 R3/1586
S1/1560 S2/1556 S3/1552-50
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