This pair gave us a bullish impulse a few weeks ago and it has now pull back to retest the structural level of resistance that was broken. Price touches the this zone on the 2 hr and fails to break the lows. There is a great chance that price will break above the highs.
I the sell continues Ill wait on the break and retest of this zone.
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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.