Coronavirus is affecting oil so it's making this pair bounce around, but I think the final bounce from 1.32 (Friday) to 1.33 (Monday) was just to trap a large amount of bears and for institutions to be able to sell higher. I think the big short has started, let me know your thoughts!
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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.