This pair has been on a bearing channel that liquidated the daily Inducement zone. Going forward we can expect a retrace to the recent marked 4H bearish order block and possible break it and move towards the long term buyside liquidity.
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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.