This sudden drop appears to be a knee-jerk reaction. So far there is no indication that the chart pattern has broken down for the down move. I am holding to my bullish view and wait for a long re-entry when the price drop slightly below the 1.664 into the buy zone area. My exit will be at 1.7400.
Trade active
Trade closed: target reached
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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.