I have taken back @ 98.38 as I feel we have gone enough downwards.
Taking a deeper look at the chart, we are developing a "M-top" and the neckline is the key in the next move lower.
For now I suggest SELL @ 98.60-98.80 if seen for test of 97.98 moving towards 95.50.
Taking a deeper look at the chart, we are developing a "M-top" and the neckline is the key in the next move lower.
For now I suggest SELL @ 98.60-98.80 if seen for test of 97.98 moving towards 95.50.
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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.