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Trading in a Parallel Channel on Monthly TF.

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Trading in a Parallel Channel on Monthly TF.
Strong Support around 49 - 50 & then 54.
However, 53.20 if SUstained on Weekly
basis, may give further upside around 57 - 58
To be in Uptrend, it should cross 61 - 62. &
Don't Forget the Channel Top is around 75 - 77
On the flip side, 46 is the last level that should
not break.

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