FIL has established a consolidation platform at a low level after a prolonged decline. It appears to be somewhat stable, but technical indicators remain weak, with no clear rebound signals. From the current pattern, the risk of further decline is greater. If it cannot break through the resistance of this platform area, the next bearish target points to 1.19. For now, the bearish outlook remains unchanged.
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FIL has established a consolidation platform at a low level after a prolonged decline. It appears to be somewhat stable, but technical indicators remain weak, with no clear rebound signals. From the current pattern, the risk of further decline is greater. If it cannot break through the resistance of this platform area, the next bearish target points to 1.19. For now, the bearish outlook remains unchanged.