The price bounces from 200.00 support level. RSI confirms price reversal in the oversold zone. We have a buy opportunity. Pending orders for buy must be placed at 220.00 level with stop orders below 198.00 level. Profit target is at the resistance level and the part of trading volume can be left for long run.
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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.