Price action has been majorly bearish on the daily and weekly timeframes and we are waiting for a confirmed reversal around one of our prz level. Currently price is at the 50% weekly fib but we would ideally like to see the 61.8% fib level hit and rejected
Our target will be the monthly support level around 116.000 followed by the -27% fib level around 113.850
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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.