i think a break below 0.7200 should signify the downtrend is resumed as the channel will have been broken
Note
a break above 0.72750 sill imply the sideways correction still in place maybe even an uptrend is resuming
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.