38.2 Resistance

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From the daily chart we can see price has reached the 38.2 level. There is strong resistance based on the previous attempts. I've marked out a trend line on the last bullish rally. A break out would result in a bearish signal.
注释
Indecision doris forming on daily...
注释
Strong bullish push therefore broke above. Expect retest of structural ljne
FibonacciMultiple Time Frame AnalysisTrend Lines

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