Market conditions This pair has been ranging for quite a while between 1.15000 and 1.17500. Recently came down to major weekly support line and broke it.
Confirmations - Trend change in the market: LH/LL - Broke major support - Price has hit psychological resistance 1.14000
Notes - Looking for an entry around the 50% retracement of the previous closing candle to enter a short position. - Check lower timerframes to avoid premature entry.
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