HELLO! On this hourly chart analysis we can se a great rejection of the market in the area of the MA 200. There's been a few signals of rejection. Seeing a market on a downtrend can us help on understanding this bearish movement. Checking on the candle patterns we can clearly see a rejection on that important area. With the help of the indicator, the MACD , we can make sure that it is going to be a very possible movement in the future.
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