On the weekly, prices have been on the bearish streak since closing below the trendline. It is now in the 1st Support area at 1.31780, we could expect a short term bounce from here.
On the H4 timeframe, price broke down from the descending wedge but have not yet confirmed. With RSI indicating negative bullish divergence , we could expect a bounce from here.
This is for personal record purposes only, not financial advise or solicitation of trade.
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