On H1 chart we can clearly see up channel, which is slowing down. MACD divergency show a possibility to trade with the long term downtrend. Breaking 1.0957 gives a good oportuinty to trade short.
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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.