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Today’s Asian session probably surprised me as much as you. The steady downward move made a strong breakout which seemed to keep the price below the support level. Yesterday’s inactivity of Americans during the holiday has a strong impact today. In fact, the analysis that remains to be done is to designate a real support that is strong enough to hold the price through large orders that are at this level.
In the image I have marked the level which is marked with blue circles to show how many times the level has caused the price to hold. The current situation coincides with further restrictions in the country and an increased number of COVID infections, but I would not look for the cause in just one thing.
