Break of pennant/ triangle
With false breakout capped by 50 day moving average, we could see a break to the downside if the daily candle closes below current level. We could see a retracement back to support at 118.3xx
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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.