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I will be looking at shorting opportunities in this bearish triangle.
Will look for opportunities to short this pair around the 0.7220 area
Will be looking to sell if it trades slightly higher around 1.1150 area
Possible 5-3-5 zigzag formation emerging to take us short
Will short if it makes another leg higher around 1.1180
Will look for opportunities to go LONG in the near term.