As described previously, the support at 5.4 is proving to hold. After multiple tests, price is consolidating here emphasizing lack of bearish momentum. A divergence formed on the MF indicator suggests a trend reversal.
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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.