Price has been in decline since October last year and we are currently seeing strong momentum from a major support level, if price breaks above descending channel, we may get a confirmation for a bullish change in trend, resistance below 133.851 will indicate further downtrend continuation.
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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.