4H Higher TF showed historically that this level was used multiple times throughout August. If broken, then one above in the PL zone would be next. Overall market bias is bearish currently on the lower low. Market rebounded around 1.56500 area.
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.
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.