As this pair has come down to what I call a "decision point", we can see that market has put in a lower low, lower close candle which to me signifies further movement.
Now as I don't trade breakouts, descending triangles, flags, etc. I will need to wait for a pull back into previous which should provide a decent area od resistance and then look to ride this pair down.
We will keep an eye on this pair and hopefully get an entry reason.
Good luck in the markets this week.
See you in the live room tomorrow.
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