Price is facing bullish pressure from our first support, in line with our 23.6% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level.Take note that the Ichiomku cloud and 20 period EMA are showing signs of bearish pressure .
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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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.