Price is facing bullish pressure from the first support level, in line with the horizontal swing low where we could see a further rise up to our first resistance target where the 61.8% fib extension is. The Ichimoku cloud is showing signs of bullish pressure as well.
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.