Price playing out nicely as analyzed last week, mitigating the target of bearish POI at 88.07 for this down move. From here, I'm expecting price to make a bullish retracement if we get a confirmation on the lower timeframe. If not, I'd expect price to continue lower, invalidating this bearish POI.
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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.