20 SMA - Blue
200 SMA - Pink
Key Confluence Areas - Grey Lines
How I see it:
1) Price will continue down to fill Imbalance first.
2) Then re-test previous confluence area @ 0.67000
3) Then continue down further.
4) Once price holds below 0.66200, 0.6500 is next.
200 SMA - Pink
Key Confluence Areas - Grey Lines
How I see it:
1) Price will continue down to fill Imbalance first.
2) Then re-test previous confluence area @ 0.67000
3) Then continue down further.
4) Once price holds below 0.66200, 0.6500 is next.
Note
Imbalance is filled. Today is CPI, we'll have to see what happens next.
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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.