Current midterm bias is bullish. 150,64 and 142,78 are extreme levels to be respected by the price action. One more week of red week of sideways movement will actually form a reversal pattern followed by a strong upward spike. A powerful breakout to 148,27 is to be retested at 145,34 - healthy retest. July will show an organic growth topping at 149.66 in the beginning of August 2025
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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.