As you can see, 1st, we have price that reached a strong resistance zone... 2nd, The stochastic is very oversold. We will wait until the Asian session to make any trades on this pair... We'll look for bearish confirmation...... I used Fibs to determine take profit targets.
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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.