Price has bottomed below 11 month lows and is currently trading in a strong demand zone. Scaling down to the H4 timeframe, price is still moving within a falling channel. A break of that structure could push this pair to higher ground.
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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.