After the first descending trendline broke last week, the outlook is slightly mixed at the moment. However, I'm still bearish until this red trendline from the daily chart breaks, and I'll likely sell the USD/buy against it if this trendline is tapped again.
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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.