Confluences: 1-Primary trend at Daily chart is downward. 2-Price was moving below EMA 200 at Daily and 4H chart. 3-Supply zone 1.0620-30 has been re-tested more times and price pulled back again to resume its bearish move.
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注释
We are waiting for breaking out the line to confirm the bearish bias for the pair.
注释
注释
Price already has broken the line as per CPI effects which is more than expected.
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注释
We can enter Sell order now. Confluecnes: 1-high volume 2-Price action (engulfing bearish candle) 3-Breaking the upward line.