Ok this is just an idea, a big maybe based on what I see, and what I see is a montly resistance over there (RED LINE) which I seriously doubt that could be overpassed but... who knows, right?
Let's just see what happen but I'm expecting a bounce here, other way to say it is: the sentiment is bearish.
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That0s a very good 260 pips descent. I'm expecting a re-test of the previous resistance.