Price rejected at the trendline and horizontal Resistance level around 1.23266. The price has also broken the structure by making lower lows and lower highs. The price will likely continue going down to 1.18288.
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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.