AU fib and stoch is also interesting. A retrace to the 38.2 fib looks likely.
Note the stoch is bottomed out on the 30M (indicating bullish support is waiting in the wings) and on the 1H, the stoch is straining more horizontally against the bears, meaning market doesn't want this thing to go down.
Note the stoch is bottomed out on the 30M (indicating bullish support is waiting in the wings) and on the 1H, the stoch is straining more horizontally against the bears, meaning market doesn't want this thing to go down.
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