I see candlestick formation in the daily pivot, but due to its location in the Como cloud, I do not expect a sharp drop, and I mostly expect it to settle in the range of 0.95 to 0.78, which is the resistance of 1.618 and 1 Fibonacci, respectively, since There is a possibility of a cross over the narrowed Como in the possibility of a cross. We are, and I think this pullback is in line with the double botton pattern
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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.