Here is an Ensign 60 min chart with a downsloping ML set with reaction lines that captures the recent swing high at 1.3589 on the UMLP and shows price today having touched the centre line and held for the moment at least. If we form a new swing low above the previous March 26 swing low of 1.3266 then this would look a very attractive buy( given a good trade setup /entry) for a bounce upto the 1.3450 area.
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