A after a significant bullish rally,a new trend could be emerging. It is evident from the chart that there's some resistance at the 0.786,0.5,0.236 Fibonacci Extension levels. If and when this resistance persists, bearish impulse is to be expected. However, I'm looking into the future with an open mind. Good luck in your trading!
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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.