The figure shows that the current price is still above the trend line and has not yet broken down.
The top two target prices are 2162.9 and 2265.85.
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If the trend line is broken below, the lower support is 1829.6 and 1713.16.
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The circled point is a break below the trend line , as the US CPI is lower than expected and the price is back above the trend line , which did not destroy the overall upward trend and could be regarded as a false break.
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The top two target prices are 2162.9 and 2265.85.
-
If the trend line is broken below, the lower support is 1829.6 and 1713.16.
-
The circled point is a break below the trend line , as the US CPI is lower than expected and the price is back above the trend line , which did not destroy the overall upward trend and could be regarded as a false break.
-
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