Price is currently at daily fib 88 zone, currently made support on the 4hr timeframe. If price closes below 0.74530 4hr support on the 1hr timeframe il be looking to sell. Price is very overbought and is due a retracement, also divergence on the 4hr tf indicating bearish pressure mounting. Maybe USD Crude oil news later will be a catalyst for the move.
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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.