Although there is a cup handle formation on the chart, let's look for closings above the yellow line. The first target exit is 12.35, which is the Fibo 1.414 level, and 13.24 in case we see closings above the level I mentioned.
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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.