Price appears to be correcting the huge bullish impulse move which originated on 23rd June 2025 and ended on 1st July 2025.
We have already seen an impulse from the sellers after price peaked at 1.37887 at the beginning of the month.
Current price action is taking the form of a correction and there is the potential of another move down.
If you agree with this analysis, look for a trade that meets your strategy rules.
We have already seen an impulse from the sellers after price peaked at 1.37887 at the beginning of the month.
Current price action is taking the form of a correction and there is the potential of another move down.
If you agree with this analysis, look for a trade that meets your strategy rules.
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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.
Low-Cost Trading, for everyone, everywhere.
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.