The ((v))-navy wave is unfolding to push lower, which itself is subdividing into wave iii-grey of wave (iii)-orange.
Wave iii could continue to push lower, targeting the 3.564% low. While price must remain below 3.932% to maintain this view.
On the other hand, the 61.8% level could temporarily act as a potential resistance level that price should hold below.
Wave iii could continue to push lower, targeting the 3.564% low. While price must remain below 3.932% to maintain this view.
On the other hand, the 61.8% level could temporarily act as a potential resistance level that price should hold below.
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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.