The pair is trading on a long term Channel Down pattern on 1M which since February is trading sideways near the Lower High zone (RSI = 49.216, STOCH = 53.334, Williams = -48.705, CCI = 3.1294, Highs/Lows = 0.0000). This is a long term bearish signal and we are taking this on a double target, TP1 = 0.73200, TP2 = 0.72245.
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