We are currently trading at the 4h POI (point of interest) or the resistance level where the market tested it multiple times. We would like to wait for more confirmation like a rejection before going short on lower timeframe and target the the 1h OB (order block) at 0.7600.
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Disclaimer
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.