Trend: Down
Momentum: Trying to build fresh run down
Pause below 1.4089 (38.2% of 1.4248 – 1.3991) and a double top at 1.4080 have put the downside at risk again. This makes it dependent on 1.3991 holding (being tested) to prevent 1.3950, the original target following the initial breakdown, coming on the radar.
Back above 1.3990-00 is needed to postpone the risk.and maintain the current range.
(AT 4 hour chart)
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