The counter has broken down from a rising wedge formation.
It has also retested the broken trend line & formed a rejection candle at the resistance.
Hence, we expect the pair to be bearish in the short-term.
It has also retested the broken trend line & formed a rejection candle at the resistance.
Hence, we expect the pair to be bearish in the short-term.
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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.