CHART ANALYSIS: The last time price approached this area, it dropped roughly 120 points shortly after. An hourly close below 1.1245 will further solidify a long term bearish trend. Also, price recently closed back below a strong trend line after a false breakout. 1.1260 has been a strong support for a week, and we broke that recently as well. The chart has spoken...
- No risk, no reward.
- No risk, no reward.
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Price has reversed back above support. Check my last post for new analysis!