In the Daily Chart, we see the steam of upside losing and should be stalling at around 1.1310-15 zone.
With coming in the over-bought territory, and a possible bullish butterfly formation, completing "C" level, it should hint a drop to the major support line at around 1.05500 Zone.
With coming in the over-bought territory, and a possible bullish butterfly formation, completing "C" level, it should hint a drop to the major support line at around 1.05500 Zone.
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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.