Hit a very strong daily level, and on the 4 hour we can see that it is extremely oversold. I would be very surprised if this level cut through like a knife. I am expecting a rally to the breakdown level which is 1.214, but we may possibly have seen the bottom here as bullish divergences are forming across most time frames now.
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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.