we are in the daily time frame. The price broke the red line which was previously the support line. It showed reaction to our support zone and our Buy signal was issued. The price is now at the new resistance line and we expect it to be rejected and fall. But if it is able to break it, it will go up to the next resistances.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
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