The break of 38.2% retracement of 169.34 to 180.70 at 176.36 suggests that deeper pull back is underway. Intraday bias is mildly on the downside for the moment. Though, we'd still expect strong support from 61.8% retracement 173.67 to bring rally resumption eventually. Above 178.12 minor resistance will turn bias back to the upside for retesting 180.70 first.
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