Chart wise , rather bearish!
Likely to see further weakness!
Shqort term wise, I think if she is able to bounce off from the support at 8.40 & rises higher from here then it may help to stabilize and support the price from falling further!
If not, breaking down of 8.36/8.40 would likely see the price trending lower towards 8.00!
Not a call to buy or sell.
Pls dyodd.
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