The entry point at 1.06398 is a good place to enter a short position, with the potential for a move down to 1.06000 or even further down to 1.05750.
The risk/reward ratio is favorable as the potential reward is greater than the risk. It is also important to consider any other factors that may affect the price of the currency pair and to set appropriate stop losses to protect your position.
The risk/reward ratio is favorable as the potential reward is greater than the risk. It is also important to consider any other factors that may affect the price of the currency pair and to set appropriate stop losses to protect your position.
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