We also have to watch the Gold Movement plus Current Ukraine/Russia development which is fundamentally driving the pair. With any relaxation in the situation, the above scenario will be more valid.
Also price testing the daily descending trendline near the current double top at 4H chart. I think reversal from the point.
Its not financial advise .
Do comment on the idea
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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.