The recent core support level is around 62，today, the price briefly bottomed out at the 62 support level, but immediately bounced back upwards and failed to achieve a genuine downside breakout. if this level is breached, the price may retrace to the 60-61 range. Resistance levels are concentrated in the 65-66 zone. Based on recent technical data, the momentum indicators on the daily timeframe are showing signs of a weak rebound.
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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.