Watching this closely to see if it plays out. Nice engulfing pattern. Rsi in middle of range, EMA has moved above candles so potential for a down trend to begin.
Good luck !!
Note
Bit further to add, on the 240 chart the pair is currently ranging and is trading towards the top of that range. There is some significant longer term downside potential here.
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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.