The Price of this pair had been down over the few weeks. The trend line is conspicuously broken and also broken the structure upside. It has started to form another trend line to upside and creating supporting below. Eventually, The price came down to grab liquidity. I expect the price may go up from that demand zone with low risk reward ratio.
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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.