As we have predicted in our previous analysis, the price made a bearish breakout out of the ascending triangle formation. It is now consolidating around the support level. We do expect the support level to hold the test once again, so we are looking for a bullish bounce.

We wish you good luck with your trading!
We wish you good luck with your trading!
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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.