Previous week closed with a massive rejection under weekly resistance. Current weekly has made a top wick and rejected on the 4hr, creating a lower high. Price still above key 4hr zone 1.29000, which is also a psychological level. Waiting for a break and retest on the lower timeframes to go short.
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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.