Natural gas price faced some positive pressures recently, due to stochastic approach to 80 level, to postpone the bearish attack and settle near the moving average 55 at 2.640.
In general, the bearish overview will remain valid as long as the main resistance remains intact at 2.727, to expect starting to decline after succeeding to gather the negative momentum, targeting 2.410 followed by pressing on the initial support at 2.272.
The expected trading range for today is between 2.650 and 2.410
The expected trend for today: Bearish