Price action has maintained a bullish structure since the beginning of the year. However, recent failure to break above the June high, coupled with the formation of lower highs and lower lows, suggests a potential bearish reversal. My final target is positioned at 1.15164, with the ultimate take-profit level set at 1.13914.
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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.