This pair has been in a steady decline since Sept. of 2015. Price got stuck around a previous support marked @ 1.61520 and bounced up at the end of 2016 only to decline back down to this same level. I am expecting a new low to form around 1.55200 (or higher) and a steady rise from there to re-test this monthly declining trendline.
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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.