The support is provided by the 61.8 percent Fibonacci retracement on the rise from the June 27 low of $1,758 to $1,863, and the next support will be at $1,783, the 76.4 percent retracement.
A rebound seems to have been triggered towards $1,811, the 50 percent retracement, which is expected to serve as a limit.
A drop below $1,794 will confirm the resumption of the current downtrend towards $1,783.
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