The pair open up with gap to the downside forcing the price trading below 1.19 major level. Daily time frame price trading closer to the 200MA which soon we will see the bounce or a break. Intra-day timeframe is the key to watch as if the price decide to break above the descending trendline and continue to trade above 1.19 then bulls is not dead yet.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support