Very bearish outlook on this pair, as price has closed under a key higher timeframe support region this last week. Looking for price to retest the previous support region as new resistance once more for a 3rd rejection, for price to then resume the downtrend into the next area of key support below for a potential lower low.
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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.