There's still a high chance the price could slide further and take out those already long. I would want to wait for 2 or 3 series of up closing bars and taking out 1.557 level first. ONLY till then - otherwise the odds are against Longs. Also see my AUDNZD analysis that shows similar structure.
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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.