is breaking down below the channel support line after a three-wave corrective recovery. This could mean that bears are still in control, and there is more weakness to come.
Traders must be aware of more sideways price action before a bearish continuation.
turned lower after hitting a resistance we had pointed out after we noticed an A-B-C corrective rally. It is breaking below the channel support line. We have to be aware of more downside pressure in upcoming days, which can send the price down below 146 regions and lower.
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