The pair is trading below the lower border of the Ichimoku Kinko Hyo Cloud. This indicates a bearish trend. I expect the pair to continue falling with a potential target near the level of 0.8950.
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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.