This pair is at a really nice level and this could possibly turn into a great sell once price continues to respect this trend line. Drop to a lower time frame and look out for a reversal pattern along with a breakout before entering a bearish trade. However, if price breaks through and closes above this trend line, we will no longer be looking for sells but future buys.
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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.