Type:
Bearish Continuation

Key Levels:
Resistance: 785'4
Pivot: 777'0
Support: 767'2

Preferred Case:
With the Ichimoku indicating some bearish momentum, we have a bearish bias that price will drop to our 1st support in line with the 78.6% Fibonacci retracement and horizontal pullback support from our pivot of 767'2 in line with the horizontal pullback support from our pivot of 777'0 in line with the 50% Fibonacci retracement and horizontal overlap resistance.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st resistance in line with the overlap resistance and 38.2% Fibonacci retracement.

Fundamentals:
No Major News