Price is facing bearish pressure from our resistance and trend line where we could see a drop to our first support level , 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well. A break below our downside confirmation would provide the bearish acceleration for a further drop.
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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.