As mentioned in previous publishes – the US election gap is a major support level which required to be “technically filled”

Temporary support can be provided at 5,783 for now, but given the constructive price action on US Treasury yield (+2bps) – we could be entering a risk-off environment. As always a weekly/monthly close above or below this pivot level needs to be validated for firm direction

Today’s economic release at 15:30 local time for US PPI readings may give a heads up for upcoming direction.