Over the last few weeks the pair has shown some bearish momentum confirmed by the Change in Structure (CHoCH) and the second break in structure (BOS). Once the pair returns to the bearish order block (1.069) we will look for sell opportunities targeting the liquidity (double bottom) at 1.055.
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Disclaimer
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.