Price holding above 78.6%, 38.2% Fibonacci retracement, 78.6% Fibonacci extension and Horizontal graphical support. A short term rise above our 1st support at 50.76 towards our 1st resistance at 51.74 could be possible.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.