In this time frame, the price frame is running the flag pattern after the failure of the channel floor and we expect the fall to the support range of 3031. If the purchase volume is high and the price re-enters the bullish channel with a pamp, we expect to climb up to 0.5 and 0.618 Fibonacci lines.
Support Range: 3064-3031-2976 Resistance Range: 3103- 3120 - 3142
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