This pair is on a monthly resistance and it traded its way there in a descending channel. A beak of the resistance of that channel is likely going to signal the beginning of an uptrend. But attention must be paid to the dynamic resistance around the price
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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.