comment: at the moment i believe market is performing minor retracement, and this could be valid until price test the resistance at 127.87. im predicting price should go further to at least hit 23.6 fibo to confirm the major bullish trend.at H1 timeframe, RSI line hit line 20, while smac-d (15M); signal line is above the histogram and both being above zero line indicating short term bullish turning point. this bullish trend can be confirmed if smac-d at H1 timeframe supporting the trend which can be identified only if the turn over point shown.anyway market is a bit volatile as everyone realise it.
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