After the break of desending parallel channel, price is currently testing its first resistance at 4.2. First and second targets are 5.05 and 6.05 respectively. Stop loss is placed below 3.2.
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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.