The 0.053-0.055 region (gray zone), has been a reliable support/resistance zone for the last 12 months.
It was broken to the downside 2 weeks ago, and the first retest seems to have failed.
I expect new lower lows soon, and see no reason to enter long trades yet.
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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.