Bouncing off major daily support in what could be wave-D of a larger triangle consolidation. The path of least resistance does appear higher with key pullback support at 137.30/20, next upside resistance of note is 139.28 with more critical downtrends surfacing higher below 140. (daily) S/t, an impulsive rally is correcting a portion of recent gains and the bear flag targets a pullback to confluence at either 137.50 or 137.18; this is where the Fib retracements align with a=c symmetry. (hourly) Conviction: Medium/High Levels: Support – 137.57, 137.45, 137.18 Resistance – 138.03, 139.28, 140
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