The price has gone to seek daily support quickly, leaving below the channel, the indicators begin to turn upward, most likely that the speed of fall causes a setback of the price to 1270 area where the top of the channel, that the weekly price has not corrected indicates that the sale is being too fast, and that a reversal could occur.
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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.