this pair has currently bounced from the trendline you see in the chart. it is very likely to pick up enough bullish momentum to retest that upper major resistance once more. moving averages on the lower time frame are changing direction and price has currently come off of the 0.5 fib rejection level.
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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.