Price is at the top of a trendline and Channel Top. Taking reversal short trade. Breakout at Channel bottom may bounce at previous support level @ 1.1615 area. Take long trade if market fails to continue bearish run back into channel up to 50 sma or channel top.
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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.