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Here on GU we see that we got rejected from a broken support that turned into resistance and also a descending trendline acts as resistance,since the drop to 1.215 we a in a short-term nice up trend as you can see on the chart that is meeting with a descending one, if we get a daily close below 0.5 fib retracement level 1.18 could be in play.
Here on GU we see that we got rejected from a broken support that turned into resistance and also a descending trendline acts as resistance,since the drop to 1.215 we a in a short-term nice up trend as you can see on the chart that is meeting with a descending one, if we get a daily close below 0.5 fib retracement level 1.18 could be in play.