Another great signal on not the most exciting markets. But we have seen some heavily bearish momentum moving into this pair.
We saw yesterdays daily candle print a bearish engulfing candle showing clear pressure by the bears. A massive move could be on the cards but our first aim would be to beat the recent consolidation lows before we can see further downside to the next key level
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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.