This is a short term setup as we've got divergence on the RSI and rejection of a key level. We may drop to the green zones for a potential long entry.
Note
The drop on this pair so far does not confirm it's bearish sentiment. In fact, if we look at it from the opposing side, it's just completed a 0.382 retracement and could be gearing up for the next leg to the upside.
For now, I will continue to hold this short and see how price action develops.
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