Yesterday's rejection candle suggests a potential bearish breakout is likely on the horizon from the current ascending trend if the bearish momentum starts to accelerate.
Personally I would be very cautious at going long around this area. If this trendline breaks, the next key level of support is around the 1.05 handle.
Personally I would be very cautious at going long around this area. If this trendline breaks, the next key level of support is around the 1.05 handle.
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