Keep a close eye on the current minor consolidation outside the channel. Look for verified lower-timeframe distribution setups or a clean retest of the broken trendline before committing to short targets down toward 0.71200 and 0.70800.
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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.