Daily chart is showing some interesting trade opportunities for this pair.
Pair has recently put a new structure low, outside return and it is on its way towards a 618 fibonacci retracement.
Once price reaches circled area, you might wanna be watching the candles on a smaller timeframe (1 hour maybe) and look for Bullish or Bearish entry reasons.
Pair has recently put a new structure low, outside return and it is on its way towards a 618 fibonacci retracement.
Once price reaches circled area, you might wanna be watching the candles on a smaller timeframe (1 hour maybe) and look for Bullish or Bearish entry reasons.
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Price kept moving down, with some pretty big range due to the USAs election, and has now put new structure low.