The long term bias on this pair is BEARISH. An important level of support was broken and now we expect a retest of that level and a continuation to the downside.
A retrace to the 0.77500 - 0.77900 it would be an ideal SHORT opportunity, it also coincides with a 50%-61.8% Fibonacci retrace.
A retrace to the 0.77500 - 0.77900 it would be an ideal SHORT opportunity, it also coincides with a 50%-61.8% Fibonacci retrace.
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