We currently wait for bearish candle engulfing on 4H timeframe to confirm downtrend. Price may also retrace to 1.08599 and continue to bear. If obvious retracement occur, then the price may retrace at smaller timeframe and continue to bear. 2 possibilites but 1 direction !
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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.