phase of retracement !!!
My opinion is that, we are still at the stage of retracement, which can be completed around the 1.1165 level! or may be continued until the level of about 1,1002. After that, I expect up trend as impulsiv leg, to levels around 1.1620 !!! (fibo1.1272)
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Disclaimer
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.