The pair has shown a bearish shift in structure and is rejecting a key premium level at. With bearish confluences and upcoming high-impact USD news, a short trade targeting appears valid, provided price continues to respect the bearish trend.
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Disclaimer
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.