Two trading opportunities are present on this pair. If Price persists below the previous low, a weak but present downtrend offers a short opportunity.
If price reverses notably however, previous highs offer clear resistance to long positions.
If price reverses notably however, previous highs offer clear resistance to long positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.