The pair has been trading in a bullish trend up to the April high which forms a strong resistance. The pair has recently broke below the rising support trendline on H4. If this level holds, I will be looking for short trades.
Please do your own analysis before placing any trades.
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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.