Price is facing bearish pressure from our downside confirmation, where we could see a further drop towards 1st support at 1.2998 if price breaks below downside confirmation at 1.3047. Ichimoku is also indicating more bearishness to come.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.