Last L.O.W. level was at 103.79. The 101 level is where the .5Fib is reached and possibly a retracement back to 106 then it's up to buyers to jump in and take it up, or leave it and let the price fall back to the .5 Fib level again once the short covering is over.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.