Price has been on a downtrend for a while. Price broke and closed past weekly support at 1.6085 and currently retesting the level. Short position may be taken after break and close of medium term counter trend line for an extension of the down move to the 1.5920 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.