The pair has broken the market structure and is suggesting more lower highs to be formed. Based on the longer-term view, we can see that the pair is trending down. This suggests to us a good chance the correction on the shorter term may be over.
Trade active
Trade closed: target reached
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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.