Here we see new bullish impulse that breaks the last high. There is a demand zone at level 78.60% by Fib Retracement. We expect the price to reach this zone - from 100.50 to 105.00. If this happens - the indicators will reach oversold levels and there is a good chance to see pushback from the zone. The movement we expect is to the last high - about 18%.
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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.