-Watch out for the break of neckline. Once the neckline break with HIGH volume, this pair will be remained under pressure for weeks to come. -TP:0.76019 SL:0.79523 -Another possible scenerio is that this pair will be trading in 0.78299-0.8 Range for some time.
Trade active
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Going down slowly.
Comment
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Neckline broken with increasing volume. EMA shows bearish cross over. We are BEARISH on this. Possibly turning into an DOWNTREND soon.