On this pair we are looking to continue the daily downtrend that we are in. We did not confirm a LH yet on the daily timeframe but I will go down to lowertimeframes to see how structure is forming. On the H1 timeframe we have yet to break any significant levels of structure. At this point we would need to break below our random line before retesting and heading lower.
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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.