Market broke down below support area so we can expect the price to test previous support now turning into resistance and continue downwards. This area is also at 50% Fib retracement which is excellent for a reversal in to the downside.
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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.