Break of 0.7000 is crucial if we are going to be expecting a new lower low to be formed. Price has just come off a nice retest of CTL, area of resistance and 61.8 fib level. This gives us a good solid level to hold shorts from. POA is to sell into the rallies and/or sell on a break of the retracement
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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.