NGCUSD

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NGCUSD

The US natural gas futures contract reached two important levels, 2.04 - 2.14, with the increase it made after the opening. While uncertainty increases with Biden's withdrawal from candidacy, the process of determining the Democratic candidate will be followed. We will continue to follow production and stock figures in the important data flow in the US throughout the week. As long as the prices remain above the 2.08 - 2.02 support, the upward view may be at the forefront. In possible increases, 2.18 - 2.25 levels can be targeted. In possible decreases, the attitude of the 2.08 - 2.02 support can be followed. The breakdown of this support and hourly closings in the region may bring the 1.98 and 1.92 levels to our agenda. Support: 2.08 - 2.02 Resistance: 2.18 - 2.25