Bearish – Looking for an imminent momentum break lower.
The chart tells the story today. Intraday bearish divergence and failure at the 0.6434 major fib resistance. A momentum and closing break through 0.6365/68 April 9/10 lows will be very bearish in my mind. Short and bearish risking the highs looking for the major pivot at 0.6214 as an interim target.
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