Price couldn’t hold over the black line at 11321 or break the price resistance at 11989.
Now looking for some consolidation or a bit of a pullback.
The retracement levels (red lines) should be support areas, short term.
Whether the short term levels will hold or if we need to look at the larger swing levels will be revealed by the price action.
A look at the 1 hr chart.
Looking for another leg to the downside.