- Potential Long position as trend breaks out of bearish trend -This is further confirmed by cross over in MACD -be wary of retest of support, so may be worth waiting for MA crossover before taking position - Positive forecasts for US economic data scheduled tomorrow (19th July) however be wary if forecast is inaccurate
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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.