The chart explains it. The break, if sustained, should follow through to 1.05
This pattern also means continuation of trend and a move down to 38.2% extension to parity is likely.
This pattern also means continuation of trend and a move down to 38.2% extension to parity is likely.
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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.