price has been dropping forming LLLHS. We had a strong region of support which formed around 0.7225 and has been broken to the downside. Currently am expecting a retest of the region and a strong bearish confirmation before selling further to the next support zone around 0.7120
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.