Looking to the left, we can see that the price just made a bearish move closing beneath a strong support line that has now become a resistance line. A bullish retracement was made, and it got rejected at the area of resistance. We are expecting the price to go lower.
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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.