NGCUSD
U.S. natural gas futures continue to be under pressure due to rising temperatures above seasonal norms in the southeastern region of the country. Throughout the day, movements in European and U.S. markets, as well as announcements regarding the Fed's monetary policy, are being closely monitored.
As long as prices remain below the resistance levels of 3.150 – 3.215, a downward trend may be observed. In the event of a decline, levels of 3.040 and 2.975 can be targeted, while a breakthrough above the 3.150 – 3.215 resistance could create the potential for a new upward trend. In this case, levels of 3.295 and 3.360 may come into focus. Among the important levels of the day, the range of 3.150 – 3.215 stands out.
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