Considering the price reaching the flat floor of the Como cloud and the previous resistance, which acts as a support here and fifty percent of Fibo Nachi, this area seems to be a support area for this currency and is a suitable buying step.
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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.