NGCUSD

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NGCUSD

US natural gas futures remain under pressure with a strong production outlook despite warm weather forecasts. The course of European and US stock markets and the stock figures to be announced by the US Energy Information Administration can be followed during the day. As long as prices remain above the 2.23-2.18 support, an upward outlook may be at the forefront. In possible increases, 2.32 and 2.37 levels can be targeted. In possible decreases, the attitude of the 2.23-2.18 support can be followed. A break of this support and possible hourly closings in the region may bring the 2.11 and 2.04 levels to our agenda. Support: 2.23-2.18 Resistance: 2.32-2.37