As we can see from the chart, the price is growing step-by-step and forming new Higher Highs. A nice bottom has been formed on the zone of an important level of support aligning with 0.5 Fibonacci retracement level. We are now expecting for the price to keep rising till the previous Higher High and even beyond
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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.