Long-term consolidation is broken down. The technical target level is in the area of 0.9230. After the breakdown of the support level, the price dynamics is quite low. Therefore, a long-term downtrend can have a very low rate of decline and can be stretched in time.
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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.