Bears could not bring price below 12.54, bulls have kept the momentum. It seems price has broken out of the consolidaton. Bulls need more momentum and for more levels over 50 on RSI. Bulls need to make Higher Highs and Higher Lows from 13.70 with good RSI levels to keep victory going, if not then last candle victory would be for the bears delight a fake out.
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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.