I expect it will break out of the small channel since it's gonna be facing the famous strong resistance line, however it won't continue down for too long as there will be many support lines that will push price back up!
Note: this is not a signal.. just my thoughts on my favorite pair!
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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.