The downside sequence is still continuing, as the pair contributors are still within their current cycles based on the ELW structure and market correlation. The highlighted buying area is the potential zone for the pair to start rallying, but may need more refinements once we get closer.
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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.