It is expected that a trend change will occur at the current resistance level and we will see a continuation of the downtrend. If the price breaks through the resistance level and consolidates above the resistance level, a continuation of the uptrend is likely.
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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.