Based on the chart, a bearish H&S pattern is formed. This could firstly send the pair towards the rising trend line already near 1.9400. By the break of the trend line, the pair would dive further. Let's see.
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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.