Technical Outlook and Chart Setups:
As it was depicted above, please note the following facts:
1. The Fibonacci extensions on downside are met at 1735.00 level.
2. Stops placed near 1740 levels have triggered. However, they are looking into the pullback. Bullish momentum still exists. A push above 1760.00 would further instil confidence.
3. 1720.00 support is still holding good.
Trading Recommendations:
Go long again, stop at 1715.00, and target open.
Good Luck!
