The daily candle closed above the triangle pattern, indicating a potential upward move, and the RSI index is currently at a value of 61. The first target may be the 25,650 level, while the second target could be the 26,250 level. The market is also finding support at the 50 DSMA, which reinforces the triangle pattern.
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Disclaimer
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.