The trend has returned bearish
on intraday charts, and the pair has triggered a strong dowtrend, after consolidating within the channel. Our idea about a potential bearish
impulsive structure (i-ii-iii-iv-v) seems to be correct, and if the pair has completed a sub-wave (3), some technical rebound in the near term is likely, will probably develop something as a ( abc
) or (abcde), in the direction of wave (4), let's see!
At the moment, our view is still bearish
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