The market is now transitioning to become bullish and as we can see that it is retracing back from the support level. So before it continue to be bullish a rejection from the support could happen but look for confirmations for us to be sure.
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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.