Following the news last week, I do anticipate that this index will continue with its bearish momentum as we look to test the 0.382 Fib level at 16800.
There will be a follow up analysis using a shorter timeframe so that we can have a clear entry position.
There will be a follow up analysis using a shorter timeframe so that we can have a clear entry position.
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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.