Volatility has increased but direction is still unclear in this pair. We are in the midst of a pullback that touched the 1.10 mark. I would like to see a deeper pullback for me to get short again. In the short term I think this pair is directionless but in the medium to long term the bias still has to be to the short side. I'm looking for this pair to clear some weak hands out before getting short again. We discuss this further in the Weekend Preview. Check it out: youtu.be/DbQZJ9q81Sw
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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.