In fact, the market is trading in a bearish trend on a daily. A breakout of a horizontal support of a wide horizontal range was a strong trend following signal.
The next support that I see on a daily is 67.5. It will most likely be the next goal for the sellers.
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Not
We see a correctional movement now, the price may retest a broken structure before it drops lower!
Not
The market closed almost reaching a broken structure!
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