This move may have been a set up for strong sells. I'd look at 0.16~~ as a battle ground as well as the highlighted area on chart. If we do indeed get a failure here, I would expect price to hit the defined target of 0.03413112. From there, it will be a great buy opportunity.
Note
XLMUSD Remains on track. 0.03413112 still a high probability target.
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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.