Long term this pair is still bearish and is making a big correction. We can see a bearish cypher almost completed. If this pattern works i expect a big move due to M1 and W1 top down analysys. Some additional confluence signals.
- R1 pivot resistance - 1.85000 level
Best regards
Comments
JoelSamuel
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Very nice chart! But i'm not sure about your conclusion, if it is going bullish or bearish. I have also analysed this chart and It has just hit my resistance, so assuming a bearish momentum untill 174.894.