Been monitoring this for a while and there's currently a downside breakout. What makes this signal so strong is the confluence with the daily timeframe.
The 1.7033 level is also a daily support (give or take). Since price is also breaching this level on the daily level, this signal is stronger than ever in my opinion. I am expecting further downside.
The 1.7033 level is also a daily support (give or take). Since price is also breaching this level on the daily level, this signal is stronger than ever in my opinion. I am expecting further downside.
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