It is currently facing a strong resistance and we might see correction of 23.6% to 38.2% fib levels which is a perfect demand zone as I have marked and EMA'S are also acting as a strong support there.
And incase if it breaks the resistance and we have seen a successful retest there then this is also a good buying point after breakout and retest.
And incase if it breaks the resistance and we have seen a successful retest there then this is also a good buying point after breakout and retest.
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