In the long term, the pair could be in the latter part of a big wave IV correction OR the beginning phase of a large wave III decline.
In the near term though, to buy dip below the near term low and target a bounce is a safe play IMO.
In the near term though, to buy dip below the near term low and target a bounce is a safe play IMO.
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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.