We see bearish divergence occurring with upward price action and downward MACD crossovers. This is accompanied by a bearish head and shoulder pattern. Expect to see a downward move to the 1.10355 area.
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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.