This pair has been in ascending channel. I was anticipating the recent test of the bottom channel to push this pair higher. However, with the failed upward movement, any break in this channel was likely to lead this pair in that direction. And that is exactly what happened. this pair will likely go down to the .9750 area.
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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.