hello everyone in this analysis i dissected an overbought trend after the break of a former prz on the daily tf. From what i can observe in the market i can see that the banks are trying to confuse traders right now,there is a possibility to go long but if price breaks through the major psychological area of 1.77075 then there is a cause to go bearish. Like and comment if you agree with my analysis or drop a different view if you have another thought process for this pair!
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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.