A possible retrace towards the 161.114 - 161.596 zone could be possible at the current price level. Price could breach lower before this happens. However, I like the potential retest of the current high being that a recent low has been broken.
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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.