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The Bearish Rectangle has formed on the #PEP M30 chart and indicates a likely continuation of the trend. Its resistance zone is at 137.75–137.75 and its support zone is at 136.31–136.31. A break below support at 136.31 is likely to signal a continuation of the bearish trend. FX.co ★ #PEP M30: Bearish Rectangle
Signal strength 3 of 5
#PEP M30: Bearish Rectangle
The Bearish Rectangle has formed on the #PEP M30 chart and indicates a likely continuation of the trend. Its resistance zone is at 137.75–137.75 and its support zone is at 136.31–136.31. A break below support at 136.31 is likely to signal a continuation of the bearish trend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade