The currence pair move in dowtrend, and our first rule in downtrend is to place posion at resistance zone, so i will wait for the price to break below trend line and pullback to test zone again, which is Pivot point and will act as Resistnace zone at 1.0200. it's psychological price ROUND NUMBER. I will place my SHORT position at 1.0200.
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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.