We have a Divergence around a whole number 0.60000. Best opportunity is when we break the down trendline and trade above 0.61000. Trading a setup Long at the low is risk taken though its a good opportunity. Looks like the fast move down was atop hunting and inducing retail traders. "In the name of News". Happens in Fx Trading.
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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.