Price is very overbought. Broke previous weeks high and grabbed liquidity. Early in the week for such a big move above 1.34000 and there is also no significant news to sustain another pump. 4hr closed bearish. Anticipating a retracement to 1.32000. The monthly is likely to pull back before it closes.
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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.