The monthly pivot for October includes key support and resistance levels calculated based on last month's price data. Crossing above the mid-pivots can increase the likelihood of the current trend strengthening.
Price movement above the pivots:Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots:May indicate selling pressure and a weakening bullish trend.
Price movement above the pivots:Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots:May indicate selling pressure and a weakening bullish trend.
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