We see previously on March 6th, 2020 this currency pair has left a 114.7 Pip gap. Following this gap we can see an extreme Bull trend take away the market into areas previously tested in 2017. Shortly after the Bull trend we can see some bearish momentum form into an extreme sell off to solidify the bearish market structure. And now as of recently we can see that the bearish trend has been broken with a potential momentum to continue the newly formed bullish movement.
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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.