Please see previous analysis link at the bototm of the page. As expected price rejected off of the weekly 200 ema posting 2 success bearish weeks. We are 15 pips off of our first target at 1.45. With price below the 50 100 and 200 on the daily weekly and monthly there is nothing to suggest bears will lose momentum.
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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.