We are right at a key support/resistance line. This looks to be acting more as a support the last couple of months. However, we are currently retesting a break of the major trend line. Wait for the next couple of 4H closes to determine potential direction.
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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.