Bull trend continues, but rich readings as in 2014
The ADX reading on monthly charts shows that the bullish trend is likely to peak soon because readings are similar to those that occurred in 2014/15. Signs of a peak are forming, although confirmation of a shift is needed. Confirmation would occur with more significant activity below the 10-month average, green line. Key supports are Fibonacci retracements. Resistance is best at Fibonacci extensions.
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