Weeks ago this pair broke bearish daily trend. As we see in the chart, price is showing an eliott wave structure. What we see here is a common flag correction of this prime bullish structure. Breakout has done, so we can expect a bullish movement.
Trade closed: target 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.