this setup quite identical with USDJPY (link attached below!). currently we are seeing price approaching weekly demand zone with strong bearish momentum and we have room to go up for 280 pips!, don't catch the falling knife, we need to wait for price deceleration before placing any buy order. be patient!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GWBFX