After an extended decline, price action is showing signs of deceleration, and the latest bounce hints at a short-term recovery phase developing. If momentum continues to build, an upward continuation scenario could unfold as market sentiment shifts in the coming sessions.
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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.