Price has been consolidating around a daily 618 fib area, and had failed to break it to the downside. 4hr timeframe has been bullish but there was a massive pullback to 1.34000 psychological level. Anticipating price to reject this level and move higher to continue this ascending channel on the 1hr tf.
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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.