Type : Bearish Continuation Resistance: 85'46 Pivot: 83'76 Support : 82'04 Preferred case: With price expected to reverse off the resistance of the ichimoku cloud , we see a potential bearish continuation from our pivot level of 83'76 which is in line with 50% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 82'04 which is in line with the horizontal pullback support and 38.2% Fibonacci retracement .
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance level of 85'46 in line with 50% Fibonacci retracement and horizontal pullback resistance.