Price is in a falling parallel channel. A descending triangle pattern has been formed and price has just broke and retested its lower support line. We expect price to fall off further to the channel’s support line. Target 1.5100
See in the comments section below how price has broke and retested the weekly uptrend line.
See in the comments section below how price has broke and retested the weekly uptrend line.
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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.