The byuers has tried many times from the area of 118.75/118.35 to push the price up however bears keep it in a range. We can observe a descending triangle shaping. In my opinion bulls could not be able to keep for one more time the price above the area i refer previously. Therefore i think the price could reach at first the level of 118.00
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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.