Uptrend Side: The price is exhibiting a bullish trend, particularly if it can break the channel and cross the resistance level of 195.25 with a 4H candle close. The bullish trend will be further confirmed as the price moves toward 196.99 and 198.60.
Downtrend Side: The bearish trend will remain active as long as the price trades within the descending channel, particularly if it breaks the support level of 192.31, potentially dropping toward 190.52 and 189.06.
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