LC very slow in going up

Although LC went up for two days after we saw the Doji, its movement is not convincing enough to say that 0.60 will be an easy target. Its ascend is met by a lot of sellers which may frustrate traders who want to buy up LC. So far RSI is still in a healthy level. In case this will rally, the 20-day SMA line and the 23.6% Fibonacci Retracement level will be its strong challenge.

Caveat!

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