Downtrend coming up again - 108.98

By kelvinyeo
Updated
Ichimoku cloud turns downtrend, coupled with overbought indication on RSI. Target price 108.68 from Fibonacci retracement.
Trade closed: target reached
Validated. As predicted, prices rose briefly for another 2 days only, and fell all the way to 75.16 in barely 2 weeks.
Chart PatternsTechnical IndicatorsTrend Analysis

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