The pair was trading within a rising channel for days. Now we are witnessing a breakout of that channel. I expect the market to fall. I am considering to go short on this pair with target at 1.4748 even though the market might fall more further. 1.5085 can be ideal level to set stop loss.
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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.