200-hour EMA is at 10740. Short term MACD is moving lower. A lower correction is expected. Short term bias is mildly bearish. The medium term bias is mixed. Broken out of the triangle formation to the downside. Price action is forming a bearish flag which has a bias to break to the downside.
We look to sell break of uptrend line. Our profit targets will be 10558 and 10521
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