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Momentum found here. Price below all 3MA's.
Price has just broke down the and also tested it again. We can also see price breaking down off the MA 200 also. Expecting further down on this pair
We are currently seeing a retracement of the recent bear run which started 30th June. Price broke down the 27day MA and the 100 MA's. Price did test the 200 MA and was rejected. we are now expecting price to test and break this MA 200 level for further momentum.
Expecting more sell. see chart for TP expectations.
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