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These supports and resistance are identified respectively as the 50 percent and the 38.2 percent Fibonacci projection levels of an upward wave C, the third wave of a three-wave cycle from the May 4 low of $1,772.
The resistance at $2,062 could have caused a pullback towards a falling trendline, which suggests a target around $1,988. A break above $2,062 could lead to a gain to $2,108.