Price looks like is going to hit a significant resistance zone which it has struggled to break through in the past so will be looking to short the pair once confirmation of a reversal signal happens on this zone
Note
And if you observe what structure that price has created is that of a rising wedge which signifies/rather might indicate that a price might reverse
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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.