Price has fallen to significant level of support and seemed to break this level at 1.85800, but failed to continue as bearish momentum died out. Price has since been moving up shich suggests that the bearish break was a fakeout to entice sellers. Currently at the 768 fib level on 4hr tf. Bullish divergence on RSI. Anticipating a push toward 1.87000.
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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.