Price played out well last week as analyzed. Price is currently on a downtrend, taking sell-side liquidity. From here, I'm still expecting price to continue lower, taking the lows at 7.50 before we see a retracement to the upside. Keeping an eye on the $5.00 round number psychology mark.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.