The counter has formed a double top pattern in the shorter time frames.
It broke down the neckline and faced resistance from the same.
Hence, we expect the pair to be bearish in the near-term.
It broke down the neckline and faced resistance from the same.
Hence, we expect the pair to be bearish in the near-term.
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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.