Our pair went into correction and at the moment we are seeing that the pair has found a new resistance level at 1.1850.
We expect further decline after the completion of the corrective movement and the formation of the third downward wave.
We recommend taking short positions, setting a stop-loss above the level of 1,1940 and take-profit below the resistance level. In case of breaking the level up and fixing the price, correction may continue.
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