Currently in a consolidation phase. Bearish expansion is expected. Bear flag on the W1 timeframe formation of an inverted head and shoulders chart pattern on the D1 timeframe and the recommendation is a sell and take profit levels are at 1.29100 level. Expect pullback to the next resistance level of 1.3035.
*Trading is not for everyone and losses could easily exceed investment capital. Use proper risk management and small lot sizes to protect individual accounts.
*Trading is not for everyone and losses could easily exceed investment capital. Use proper risk management and small lot sizes to protect individual accounts.
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