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Initiate Short.
Entry - 1.06411
TP1 - 1.05977
TP2 - 1.05806
TP3 - 1.05647
TP4 - 1.05313
SL - 1.06540
Reason: Price was rejected by Descending Channel's resistance. Lost Pivot Point and support zone.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.