As predicted in our last Idea, the price, inside a Bearish flag after a retest of the superior side of the pattern, drops dramatically in the direction of the primary trend, the downtrend. The Stochastic and the RSI looks go against our approach but we look at our target, 0.9800 as an imminent point to be touched by the price.
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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.