We are tracking this pair for long time and still believe that correction is due to retrace previous down-trend. In small time frame, we are expecting current move is a flat correction while one more leg up required to mark correction complete.
We are waiting for that to complete before imitating any new short positions. However, there are high portability trade present for long.
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We are waiting for that to complete before imitating any new short positions. However, there are high portability trade present for long.
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