Trade idea.
Watch the breakout through one of the highlighted areas. Until then, we will remain neutral and keep an eye on the price action.
The pair had already a decent move lower, while running below a short-term downside resistance line. In order to aim further down, a drop below the 1.3065 hurdle is needed.
Please see the chart for level and targets.
Don't forget your stop-loss.
Watch the breakout through one of the highlighted areas. Until then, we will remain neutral and keep an eye on the price action.
The pair had already a decent move lower, while running below a short-term downside resistance line. In order to aim further down, a drop below the 1.3065 hurdle is needed.
Please see the chart for level and targets.
Don't forget your stop-loss.
Note
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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.