The pair broke out of the blue trend line which indicates a complete wave 1 (green) and we expect to see at least a WXY or ABC correction. It is in a downward trend until wave 2 (green) completes.
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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.