Small correction in upward trend
Updated
Short term trend is down, question is: where will it bounce? i have two scenarios in mind, one where it bounces on the old support at 51.4 (lower circle, more likely), and another where it bounces on a new possible support (used to be resistance) in the upward trend at 52.8 (higher circle, less likely). All in all i would say to stay away right now.
Note
Fake bounce at 52.31 up to the trend (53) maybe?
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