Looking at the chart we can see that the price is in a strong bearish wave. It has just touched the previous support and resistance line. Our team believes that the price will break through the middle line, but a bullish correction should happen soon. Then the price should continue moving in a bearish direction until the lower support line.
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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.