Technical Outlook and Chart Setups:
As it was depicted above, the following facts should be noted:
1. The downside Fibonacci extensions were met near 32.70/75 levels.
2. Support at 32.50 still holds good.
3. On the 4H Chart a pullback is hinting at a bullish reversal.
Trading Recommendations:
Hold on long positions taken earlier, stop just below 32.50, and target open.
Good Luck!
