is trading within a +2 year Bearish
Megaphone and since April 15th has had a double rejection on the 1D MA200 ( RSI
= 47.993, MACD
= 0.001, ADX
= 26.766). Even though the 1D technical action is neutral, this is not an encouraging development and since the 1D RSI
can't get past the 5 month Resistance Zone
, we are taking this as a bearish
signal. Our medium term TP is the 1.2000 Symmetrical Support.
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