The counter is currently in a descending channel pattern
Further, it is at the confluence of multiple support of channel trend line coincides with price action support
Hence, we expect the pair to be bullish in the short-term.
Further, it is at the confluence of multiple support of channel trend line coincides with price action support
Hence, we expect the pair to be bullish 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.