On weekly time frame, this pair is still on a corrective wave. We have broke the trendline of a flag which is continuation pattern. We anticipate a bullish move to complete wave 4 for the potential bearish move.
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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.