Considering our chart, we can observe a price reduction. If we evaluate our daily chart from the point of view of wave analysis, then we will see the 4th wave, which indicates a decline in this pair. And soon we expect the 5th downward wave. Especially after the statements of Jerome Powell, we expect the strengthening of the reserve currency.
Therefore, we will consider long-term models that indicate a rapid decline in this pair.
audTechnical IndicatorspowellTrend AnalysisUSDwaveWave Analysis

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