Weekly: The pair has broken out of its uptrend and retested the trendline. The retest can also be interpreted as a shorter pullbacks on a larger downtrend. The downward move is expected to continue towards 1.3 & 1.29 level which is a strong support. Bias Long-term: Short Short-term: Short
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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.