Monday's dragon-fly doji at severely oversold levels suggests a basing phase could be underway. A confluence of two major Fib's also hint of possible accumulation. A clean break of .9740, however, would embolden bearish momentum, triggering an extension below .9700.
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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.