The rally looks weak with a clear sign of market manipulation. The rally was not an authentic move. Compare it to the closing candle of the day before and it confirms even more signs of manipulation.
There is selling pressure with large upper wicks and the major trend is down. This seems like a good entry.
To be objective, my only concern about this entry is that I don't generally like to open positions during lunch time hours, but this does seem like a trade I would take. Look for support around 94.50'ish.
Remember this is strictly an opinion. There is no such thing as a 100% for sure guarantee thing in the market. Always do your own evaluation. This is not financial advice.
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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.