This pair seems to be trying to resist a bear push. I don't think it's going to be able to hold out much longer. It's formed a ton of tops and now has a trend of higher lows. The recent push past 1.76 was short lived as the pair came right back down. We will continue to keep an eye on this pair but I ultimately see this pair going down.
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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.