This pair is still in ascending wedges and still has the potential to hit a new high within the pattern in the future. Apparently Short term opportunity arise since there is a partial rise and failure to touch the upper trend line. The price is expected to move downwards to set a new higher low in this pattern.
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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.