Price is trading in the red and seems unstoppable on the short term. The perspective remains bearish as long as the rate stays below the upside 50% Fibonacci line of the minor descending pitchfork. The next major downside target will be at the WL1.
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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.