- Overbought and has downside potential.
- 47.60 looks like a good support (refer to red arrow)
- 45.50 is a stronger support (look at blue arrow)
- Bottom of the Regression Trend (black dashes) shows buying opportunity
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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.