After analyzing the chart this morning, I see a lot of downwards momentum that could continue for quite some time. For now the target is marked out at the bottom red line so we will be holding trades from here downwards to see what we can do. If it breaks above both the the trend line and the resistance then we going to new highs but we shall see.
Be careful of manipulation mondays, we do have NFP coming up this Friday which will affect the chart movement and make trading quite choppy so be wary of such!
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