CHART ANALYSIS: The last time price approached this area, it dropped roughly 120 points shortly after. An hourly close below 1.1245 will further solidify a long term bearish trend. Also, price recently closed back below a strong trend line after a false breakout. 1.1260 has been a strong support for a week, and we broke that recently as well. The chart has spoken...
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Price has reversed back above support. Check my last post for new analysis!
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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.