It is expected that a trend change will take place at the current support level and we will see the start of an uptrend. Otherwise, a break of the support level will lead to a continuation of the downtrend to the specified support levels.
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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.