As price has returned to this monthly level we see rejection/reversal patterns forming. I see a healthy retracement coming for the pair or a retest of the broken resistance to turn support. Will look at what the price is doing at the trendline/broken resistance.
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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.