Based on my analysis, if the price surpasses 1950 zone, it appears favorable for a long position, indicating a potential upward movement in the price.
On the other hand, if price fails to break it above the 1950, it suggests a short position could be more viable, implying a possible decline.
On the other hand, if price fails to break it above the 1950, it suggests a short position could be more viable, implying a possible decline.
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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.