I see this pair is gonna take 3 weeks to recover a 0.3 Fibonacci level and potentially some 5 weeks to recover a 0.6 Fib on channel.
Right now we are over the angular 0.6 Fibonacci, so I think we will take side ways quite long time....
Red strong line, is the potential pathway of the price action.
Blue and black shows levels of Fibonacci, angular and Cartesian.
Regards,
Thor08
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