In the current 1-hour chart, the Bollinger Bands are opening downwards, with the middle and upper bands moving down together, indicating that bears are temporarily in control. Although there may be a possibility of a rebound at the key support level of 85500, the large bearish K-line dominates the downward movement, with the small bullish and doji candles showing weak strength. The bullish momentum is insufficient, and the rebound may be difficult to sustain. The outlook remains bearish, and the weakness is unlikely to change in the afternoon.
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In the current 1-hour chart, the Bollinger Bands are opening downwards, with the middle and upper bands moving down together, indicating that bears are temporarily in control. Although there may be a possibility of a rebound at the key support level of 85500, the large bearish K-line dominates the downward movement, with the small bullish and doji candles showing weak strength. The bullish momentum is insufficient, and the rebound may be difficult to sustain. The outlook remains bearish, and the weakness is unlikely to change in the afternoon.
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