1- the overall trend is bearish (lower highs and lower lows)
2- A retest made at the 122.800 level and not able to break higher, this level is a very strong (support/resistance) since 2017
3- An exhausted small bullish trend/channel
4- A Divergence
also going down on the weekly
https://www.tradingview.com/x/fbWtPyI9/
and the monthly
https://www.tradingview.com/x/Qom8kShs/
all this tells me that the price will continue downside
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