As we can see, the pair is testing the 7 months low since last year's may. there is probable possibility of a reversal to the upside or a strong break through to the downside. The potential reward for the risk is very favorable.
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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.