FLI following the upward channel

A week ago FLI broke the Kijun Sen line that acted as the resistance but last week it proved to be a weak newly found support as price move and close below this line. We also noticed that it is near the 61.8% Fibonacci Retracement level. Another thing that is obvioius in our weekly chart is the upward trend. Could this be the moment FLI will move back to the lower slope?

If price will not be able to close at 1.46 this week then there is a greater chance FLI will move down respecting the upward channel.


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