On the monthly you see this currency pair moving toward a monthly OB but on the way up she lost gas as wasn't able to take out the Daily OB on the way up so to grab liquidity we have to move on down and mitigate the OB where liquidity lies. shorting to the daily support and there lies a OB
Note
Monthly outlook
Note
Daily outlook
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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.