- The pair is having a correction after a long time to uptrend
- RSI can't break above 50, showing a high possibility of decline
- In case of continued decline, Fibonacci Extension at 1(113.078)
and 1.618(112.304) will become strong support areas
*Sell Stop: 113.366
SL: 113.964
TP1: 113.078
TP2: 112.304
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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.