This pair has been consolidating on the 4-hour time frame. If we get a rejection at this level, we could see a retest of resistance before a continuation of the downtrend.
Price could also break the lows and continue the downtrend from here.
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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.