Still looking short on this pair we have a rising wedge on the daily time frame, 200 EMA acting as a magnetic support on the downside. We would look for a short entry on the break out of the lower trend line. Stops should be placed above 196.600.
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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.