If etfi closes above the resistance level of 1.81 on the day, it is likely to continue to rise to the upper track of the channel.

When the closing price is above the upper edge of the channel, the target is the resistance level of 2.77.

Although it broke through 1.61 in 4 hours, it still maintains support in the 1.22-1.09 area and is trying a new rise.

In order to enter a safe trade, after the daily resistance and the descending channel are broken, it should be expected that there will be a withdrawal.

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