After having been in a quite strong bearish trend for some time now, the price has touched a very strong support line. Looking at the higher time frame we can see that it has never been surpassed yet. We believe that the price will bounce from the support line.
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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.