This looks a nice setup with the neckline as previous resistance.
Oil is at a major trendline if it rallies this should breakdown nicely ,as this pair is negatively correlated with oil.
RSI divergence supporting the fading momentum.
Be careful with the interest rate decision later if taking any trades.
Oil is at a major trendline if it rallies this should breakdown nicely ,as this pair is negatively correlated with oil.
RSI divergence supporting the fading momentum.
Be careful with the interest rate decision later if taking any trades.
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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.