Hi,It seems that if it goes below the price of 1.6, the price channel will probably reach between 1.55 and 1.44, which can be a good time to buy, because it will most likely return to the ascending channel with strength.
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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.