After a bullish correction, pair has been on a weekly consolidation to see if the price could go further. After that, price broke down and now MA200 and MA50 has been broken. We can expect a bearish scenario for the pair on the upcoming weeks.
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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.