This currency pair has been following the downsloping channel and has reached its median line. However, it doesn't seem to be done falling. I think we're going to see it decline down to new lows well below 0.7 level.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
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