This pair urgently needs some rally to relieve itself from the extreme oversold condition. I think breaking the 2.3048 resistance will offer a good trigger for a long position.
Good luck,
Ali Sharif Azadeh, CFTe
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This pair failed to offer us the trigger and fell again to the lower area of the channel.
Komentarz
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This pair might well start a corrective rally next week. Stay tuned.