On the daily chart, 20 and 50 Ma are both pointing south. We are now waiting for the 4 hour candle to close below 85.4 level to enter a long trade. as soon as this level is breached, we will expect to see it move down to Fibo 161.8 level quickly!
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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.