Price retested the structure of 1.1427 on last friday-- the NFP and formed a pin bar.
Buyer failed to push the price higher than the first top which shows the bullish momentum is exhausted. what we can do is to trade this potential 2nd top. With SL above 1.1450 and aim for a drop to 1.1312 and 1.1220
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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.