Looks like 144.00 has blocked this pair to continue to be higher at this moment and will be at least a corrective down move may be seen. If pair goes back to the zone between those two pink rays, I would need to see how the setup shows for me to short this pair. If it is a correction only, will expect to go back to 139.50-139.00 area. If it is a further down move, will have to see where it will end moving down.
Note
So far, only a correction is showing, blocked by 144.0 level. The more this level is being attacked, the less likely the short trade will happen until a complete break-out happens.
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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.