Two possible scenarios that could play out on this pair. Scenario 1 is rejecting the support level and remain to be bullish. Scenario 2 is a break below the support and fills the imbalance of the market, based from the previous bullish impulse.
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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.