Natural gas daily chart has formed a “Falling wedge” pattern. The last few sessions ended up in sideways trend resisting near the channel’s resistance slope line. The market is expected to continue on bullish momentum based on the price action, once the same breaks above a key resistance holding at 195. The upside rally could be testing all the way through 200-21 levels in the upcoming sessions.Alternativelet if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 185-180 level. Key support holds at 180.
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