On the weekly chart, we see a clear downtrend, which has been overshadowed by recent news and market movements. However, the trend is expected to continue in the coming weeks. After testing the resistance level twice, we anticipate a drop—it wouldn’t surprise me to see it reach 1.05500.
It’s not very common to see women posting here, but I’ll be more active.
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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.