Recently,
broke out of its range zone and surpassed the 155 level, indicating a significant bullish signal. This breakout is even more impressive given that it has been consolidating within a narrow range for the past month. The market's ability to break through its previous week's high suggests a potential upward momentum. Yesterday's close was particularly strong, with a large bullish bar forming, indicating a buying pressure. If the market to pulls back to the broken level and rejects it, we can expect the current trend to continue.
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