We expect further downside on this pair, signalled by the formation of a double top. We can also see the breakout of a short-term trendline and key level which further supports our bearish directional basis.
Note
Target reached despite trade being stopped putTrade closed: stop reached
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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.