The counter has broken down from a bearish flag pattern.
It is currently consolidating just below the broken trendline.
Hence, we expect the pair to head down from here.
It is currently consolidating just below the broken trendline.
Hence, we expect the pair to head down from here.
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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.