If the down trend was caught as a Bear Trapped like it did a month ago, expect a similar bullish triangle X1 which could break highest resistance at 0.7080 and it goes down. Similarly, the Y1 pattern would stabilize the flow pursuing a long sideways trend.
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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.