Key Price Levels: The red line at 105,135.5 USD marks resistance, where the price struggles to go higher. The green line at 96,564.1 USD is support, where the price might find buyers.
Trend: A descending wedge pattern is forming, with lower highs and lower lows. This could signal a bullish breakout if the price moves above the upper trendline.
Trend: A descending wedge pattern is forming, with lower highs and lower lows. This could signal a bullish breakout if the price moves above the upper trendline.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.