on technical aspect , price has broken down descending triangle which target around $53. Price will likely to stay sideway along the 45-55 range before confirming a trend reversal.
Note
Correction :Trend to stay side way between 55 - 75*
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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.