It shows that big players have huge interest to move price down, Because if the price close under key level it is signal for short.
Also, why i think the price will move down
1. In 90% cases the price is move in cycles with 2 or 3 waves. There was only 1.
2. Daily candle close under key level.
3. There are low predictable risk.
4. Major currencies all together moves down.
First goal is 1.1310. Second goal is 1.1230
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I'll write when to open a Short if this post get 45 like.
Take a look on that fake up move when move started
situation is changed
I think it is better to wait for another opportunity.
Interest rate decision drive the markets at this moment.
Do you agree?