We are in a very important support range and this range is exactly the 0.618 Fibonacci range. We have seen price rejections from this range in the past, the downward trend is weakening and if this area is not lost, we can expect support from this range.
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.