This pair is in a bullish channel since last August. Now, we can see that there has been rejection (Head and Shoulders on a strong resistance) on the upper line of the channel, meaning a possible retracement until the downline of the channel is reached. The new bearish is measured with Elliot Waves and Fibonacci, pronosticating with C wave a slope until 0.6800
Chart PatternsHarmonic PatternsTrend Analysis

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