NGCUSD

image

NGCUSD

US natural gas futures have been subject to profit taking again with high inventory and strong production levels. The course of European and US stock markets can be followed during the day. As long as prices remain above the 2.08 - 2.02 support, an upward outlook 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. A break of this support and possible 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