Trend failed to close above the monthly and weekly high would mean more retracement towards the previous lows.
Price level of 1.09 is key. If the monthly candle closes above this price than we can get more upside movement. In other scenario, we should see the price at 0.84, sweeping previous lows.
Price level of 1.09 is key. If the monthly candle closes above this price than we can get more upside movement. In other scenario, we should see the price at 0.84, sweeping previous lows.
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