Just based on the size of the prior four corrections we may assume that the ongoing one will probably die out between where it is now and the 1.073 level. Next, unless no new buyers show up, I expect a rebound back up to the 1.08 area.
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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.