The pair is overall in a Downtrend however price has retraced and now retesting the Fibonacci 61.8% level also known as Golden ratio. i will be looking for a selling opportunity around 89.35 level targeting 88.16 as a psychological level, wait for a break&retest on lower TF then enter!
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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.