Price has reached a strong support and was slightly rejected on the daily. Previously, price broke out south of an ascending channel, however this may very well be a false breakout. I will be watching this pair to see if price gains strength and the bulls take charge to break resistance. Patience =)
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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.