Late afternoon selling prevented price from breaking through $1.32 to $1.30 resistance zone. Since falling below $1.32 the bulls have been unable to regain this lost ground. More range trading expected next week. Any price rally above $1.32 will probably be capped by 200 EMA resistance line. Breakdown below $1.24 support will test next support zone at $1.21 to $1.20. Monitor the direction of breakout from $1.32 to $1.24 trading zone.
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