The descending trendline that comes all the way from February is holding its ground today. We also have finished a corrective move (161.8% pullback to the upside).
I expect another leg down targeting the descending trendline in the bottom of the range (around 0.985).
We could be looking at a descending wedge on the next few weeks.
I expect another leg down targeting the descending trendline in the bottom of the range (around 0.985).
We could be looking at a descending wedge on the next few weeks.
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