Possible retest of a broken channel's line, or this is a bears trap and we go into the channel again. Time only will till, keep watching the lower green channel's line which stand this month roughly at 92.944 .
wish you the best.
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This is the bigger picture we talked about, on the weekly/monthly charts we have
broken channels that have not been retested. For the Bullish side this could be a
bears trap. For the Bearish guys, this could be just a retest of the broken channel.
92.94xxx should be watched.
wish you all the best.
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Second month for side movements, recharging for bullish scenario or slowing down
for a close by touch down. 101 tech analysis target is # 2 Red.
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On monthly nice move:
A/ possible retest of a broken channel then tank B/ trying a bull move to the red line channel, targeting 1.00 or so