Price has attempted to break higher and continue the trend on multiple occasions in this market.
As the daily chart shows; so far this level has held strong and is the only thing standing in the way of the uptrend moving back into full force.
This is definitely a market to watch closely in the coming sessions because a break higher would expose a lot of free space for price to make a move into.
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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.