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The short-term prediction for FIL is bearish unless it can hold the MA20 at $FIL 1.0433. If the daily candle closes below 1.04, it confirms a breakdown, and the next target would be the 0.95 to 0.90 support zone.
If the bulls manage to defend the 1.04 level, we could see a relief bounce back to 1.10, but the upside will be capped by the MA10 at 1.0737. Given the strong momentum of the dump, it is highly risky to catch a falling knife.
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