NGCUSD

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NGCUSD

While US natural gas futures continue to be under pressure with high production and inventory levels, they have been following a near-horizontal pricing since yesterday. The course of European and US stock exchanges can be followed during the day. As long as the prices remain above the 2.08 - 2.03 support, an upward outlook may be at the forefront. In possible increases, 2.21 and 2.27 levels can be targeted. In possible decreases, the attitude of the 2.08 - 2.03 support can be followed. A break of this support and hourly closings in the region may bring the 1.98 and 1.91 levels to our agenda. Support: 2.08 - 2.03 Resistance: 2.21 - 2.27