Closed above the 40 wema and managed to peek out of the falling channel. Support at 1350 on this channel for the week.
Broke out of the expanding pattern in a hurry.The bear flag has resistance at 1381 and the 76.4% fibonacci retracement of the fall from 1422 to 1266 stands at 1385 which would ,make those levels the next stiff resistance.
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