The long-term upward trend line has been broken. Therefore, the possibility of further declines seems high.
First of all, the important point is whether the 48.80% range, which is an important support line, is broken. If this section is broken, it is likely to continue to fall.
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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.