Short term move to 7600 and then breakout of wedge to 8400

Assuming uptrend continues, coupled with the cross in MACD . If wedge breaks down below 7300 (50dma as well) , we can look for a drop to 6800 at least

Comment: breaking down to touch bottom channel. if it breaks below, we should see 6800 (0.618 fib retracement)

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