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Friday, December 16, 2022

Frencken

 TA wise, A nice running up to 1.20 seems unsustainable and the price has succumbed to selling. 



Currently,  it is hovering near the support at 0.945. 

A breaking down of 0.945 would be rather negative! It may go down to fill the Gap at 0.87.

I think trader may wait for the price to bounce off from 0.94/0.945 before taking next decision.

Pls dyodd. 


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