The counter is currently in a short-term correction
It has also broken down a critical support level of 1.10021
Further, the broken support could act as a resistance which caps upside movements.
Hence, we expect the pair to be bearish in the short-term.
It has also broken down a critical support level of 1.10021
Further, the broken support could act as a resistance which caps upside movements.
Hence, we expect the pair to be bearish in the short-term.
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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.