We are set up for a nice upward trend. We are at a strong resistance point of .60 and the 50MA. Once broken, the next resistance is .65-.70
Note
With current MACD cross over and recent double bottom, we are extremely bullishNote
Add to this the previously reported bull pennant formed over the last week, all things point upwards
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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.