The current price movement exhibits a robust bullish trend, initiated by the breach of the former resistance point at 77, culminating in a closing figure of 84.70 during the recent trading session. Looking ahead, the subsequent target projection is positioned around 88.60. Conversely, a support level is identified around 77, denoted by its previous status as resistance.
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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.