The price has failed to close below the daily lower trendline and now has formed a variance of a bullish dragonfly doji - an indication that a temporary low might be forming.
As long as the lower trendline holds, the price might retrace to test the upper trendline in the 135-136 region.
Below is the daily chart as of weekend closing.
Impact of U.S Interest Rate Hike
9 years ago
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