As you can see, the price reacted to the first support level, but according to the published news, the price came under the second support. If the breaking of the upward trend line is stabilized; The downward trend is confirmed.
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Currently, it is possible to draw an upward trend line for the price, and if it does not intend to break it and can take back the broken upward trend line in a correct way, it can achieve the specified targets.
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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.