On D1 chart the instrument is trading in a narrow range of 16.93-17.00. The Bollinger Bands are directed upwards, while the price range has widened which is a reason for the preservation of the upward trend. The nearest strong support level is 17.00, and breaking through it will be a signal for the opening of long positions. MACD histogram is in the positive zone, keeping a strong buy signal. Stochastic entered the oversold area, and there is no signal for entering the market.
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