Long-term buy
We've above the weekly resistance, if this one holds I see potential for movement up to 0.75. This is on top enforced by the incoming recession in the US. First hurdle is the down-channel. The catalyst for the movement to the upside might be the Fed interest rate cut (e.g. 50bp instead of 25bp).
On the technical side there is a nice RSI divergence in both weekly and daily charts.
On the technical side there is a nice RSI divergence in both weekly and daily charts.
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