URCAD has formed a rejection on the 4hr chart after it swung up and formed the 3rd wave. Once it breaks the current 1hr uptrend line, it will confirm a downtrend and potentially move down to the previous major support area of 1.42500.
Note
The 4hr chart:Trade closed: target reached
The first target hit.
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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.