Price reached key demand zone looking left which aligns with the 50 fibonacci retracement along with multiple rejections occurring in this region. I believe that price is gearing up to move back to the upside into the resistance zone above.
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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.