Price did not play out as analyzed last week. Price is showing strong bearish momentum within the current bullish POI. Despite this, we should wait for the lows at 84.07 to be taken before we can consider a short. If short scenario play out, I'm expecting a bullish retracement into the bearish POI at 90.71 and potentially taking out the lows at 79.07.
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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.