A slide from today's research report, published to clients yesterday evening:
Unchanged From Last Week 12 September. Line A_B is a key risk level over the medium term. As previously noted, there is a clear supply zone that has been in place since Q1 2021. This level also represents the (former) supply and (current) demand zone extending back to November 2017. A downside breach of line A_B would increase the odds of a test of prior supply-demand zone.
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