🔸4H CHART EXPLANATION:
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🔸Price bounced at the Daily Resistance Zone.
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🔸It has broken the Ascending Trendline.
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🔸We can observe that this pair has been moving on a range for the last months, but now we can see a clear structure broken to the downside.
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🔸 The first bearish target of this move is the Support Zone at 104.300.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Daily Resistance Zone.
.
🔸It has broken the Ascending Trendline.
.
🔸We can observe that this pair has been moving on a range for the last months, but now we can see a clear structure broken to the downside.
.
🔸 The first bearish target of this move is the Support Zone at 104.300.
🔸DAILY CHART ANALYSIS: