There is a rejection at the resistance level of 170.50, the bearish structure became clear after breaking the support at 137.50. the Correction at 0.5 FIB retracement is a good entry point to target the bottom 165.50.
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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.