The pair is in bearish trend for long time. No the pair had shown sign of bullish move by RSI showing bullish divergence and then breaking its previos LH and forming a HH. The pair also made a HL at fib level of 0.382 also supporting this idea that the bullish move has started.
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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.