falling wedge
We seem to be forming a falling wedge on the daily chart. this could possible take us back up to 9.5 or back down to 7, however there seems to be a heavy resistance at around 8.3 where the red line is placed. just keep in mind that a falling wedge is a bullish pattern.
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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.