Daily Chart Inside Bar
As we have been discussing with this pair recently, price has returned to the price flip support level.
The rejection of this level has been minimal and we may have expected a larger push or bounce back higher than we have seen so far.
Price has now formed a daily chart inside bar showing more indecision.
If this inside bar breaks lower it could activate short trades and further selling back lower.
The rejection of this level has been minimal and we may have expected a larger push or bounce back higher than we have seen so far.
Price has now formed a daily chart inside bar showing more indecision.
If this inside bar breaks lower it could activate short trades and further selling back lower.
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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.
Related publications
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.