As this pair is lack of information, we can only read the rough pattern on the daily chart. As it currently positions in the major resistance area, it will be a high chance to drop again. I also have seen the previous impulse was powerful, I expected that it keeps bouncing in the area and breaks the trendline to over the historic high. Anyway, a small drop is confirmed in these months.
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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.