In consolidation watch for a breakout
Consolidating below the 50 days average, it looks like we are heading to retest the support of main consolidation near 116. Watch for a break below or above trend line of this consolidation might signal the next direction towards the outlined targets.
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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.