Opportunity for bearish bias may arise if price reaches around 142.4 where it once topped out at the end of July. As long as 142.5 holds, there is a possible pull back which may extend well below 140. There is a risk that rate breaches 142.5 mark and would hit higher level prior to being exhausted around 143.5.
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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.