August 17 daily candle perfectly rejected the long-term trendline
We have August 17 closing @ 104.437
Closing below August 14 high 103.458
Closing below August 16 high 103.525
These additional confluences generate a strong bearish bias.
With first target of liquidity.
- August 17 low of 103.061
Second target.
-August 16 low of 102.944
-------------------------------
Additional note.
If the weekly candle close below PV-week high @102.91
we should expect a further retracement to 102.77 around fvg daily area.
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