On the daily chart, we have a bearish daily trend that has made new highs and lows and is correcting to the 50-day moving average. It is expected that on the hourly chart, after breaking the hourly trend line, it will be able to move to the daily low.
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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.