The price in the correction
At the moment we are seeing a correction for the pair. From the mark of 1.1510 the price turned up. Now the price is in the lower Bollinger band and has not yet crossed the middle line. Most technical indicators point to a sale. We believe that the price will continue the downward movement after the completion of the correction.
Therefore, we advise you to look for points to enter short positions. We believe that the price will turn from the resistance level of 1.16, or earlier. We believe this is the best point to enter the market for our pair.
Therefore, we advise you to look for points to enter short positions. We believe that the price will turn from the resistance level of 1.16, or earlier. We believe this is the best point to enter the market for our pair.
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