MARKET ANALYSIS: The market has been in downward channel for quite some time. After the channel breakout market is now forming higher lows, Following to that the market has broken the resistance level now and has retested it. So if the support level holds on we can see rally up to the next possible monthly resistance zone. So lets wait and see what the market does in the coming days. Cheers!
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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.