Type:
Bearish Continuation

Key Levels:
Resistance:
2454
Pivot:
2597
Support:
2355

Preferred Case:
On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head towards the support at 2355, where the previous swing low is located.

Alternative Scenario:
Price may go back up and retest the resistance at 2454 where the 78.6% Fibonacci line is located.

Fundamentals:
There are no major news.