In my view the pair is trading within the rising channel and I see 2 scenarios that can happen. Currently, the price is rejected by a strong key level from above, failure to break this level we can see the price moving down to possibly retesting the below border of the channel before shooting up.
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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.