0.76 fib and descinding trend line prevent futher bullish momentum from thr pair bearish momentum to the downside, break of ascending trend line would lead to short to highlighted blue area (TP AREA1) after this if good bearish PA around 0.236 fib futher short to 0.707.. area
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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.