Price back at the top of its channel, we have multiple rejections to resistance & a pin bar rejecting its downtrend line & strong level as well. I believe it is time for this pair to head down, last time a pin bar rejected at the top of this channel price fell hard. Watching for a break of 112.500 support now.
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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.