Price bounced from the support to make a retracement. The price is supposed to break the support and hit the TP which is near the next support
Note
For safety, tp should be 1.64574 the previous low
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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.