EWZ with Interesting Support

Saw $EWZ drop quite a bit today. The price is currently at 35.47 USD. I think the 35.00-35.20 range should be a fairly strong support level. In the past, whenever it dropped to this zone, there was usually buying pressure that pushed it back up. If you look at the daily chart, this is a zone where it accumulated strength before bouncing up many times.

Of course, there's also a chance it could break down. If it drops below 34.80, I think we'll have to re-evaluate the situation or look for the next support level around 34.00-34.20. But at this point, I think around 35.00 is a point to watch for buying pressure to come back in. I'm not telling you to buy, just inviting everyone to observe. Anyone with other opinions can share them.