From a technical point of view, on 1H chart we have a support area around 1.0550, and some corrective structure like a ABC Pattern is possible. Having said that, the trend is bearish, so we consider this corrective structure as a technical rebound, at least for the moment.
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📊 For Bears Scalper (5' Chart):
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📊 15' Chart:
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🔔 2024 Forex Long Term Analysis:
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By Anonymous Banker
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🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015