Overall, price action below 1.08 is seen as a corrective pattern that is still in progress. We're targeting 1.06600 support and possibly a 100% projection. For the time being, this scenario remains preferred and highly likely for the week.
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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.