I will be shorting this pair if price can stay below this level it is currently at as there is some nie confluences here. 50 EMA acting as resistance and 50 fib level. Breakout of ascending Trendline and lower low suggests further move to downside.
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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.