Trade Scenario 1: Price can find support here again and make a push to the upside to retest the 200MA on the 30min timeframe around .8875. We will look to enter on bearish engulfing/variations.
Trade Scenario 2: We need to see price break below .8850 and come back to retest the .8852 zone as resistance. Enter on bearish engulfing/variations.
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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.