Looks like we have a 50 pips opportunity to the downside here
This pair should continue dropping, straight into the imbalance (blue box). Price trading below the fast moving averages and MACD is showing a downside convergence.
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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.