There’s a really bearish wedge tightening up on the weekly, formed inside the bigger 2 year wedge/downtrend. It’s quite significant as it’s the weekly chart, taking into account almost 12 months worth of data in this technical setup.
You’ll notice price just dipped outside of it, it’s technically a breakout in the early stages.
There’s a nice chunk of support down at 20 cents.
MNS Chart, page-1036
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