This currency pair may be implementing a potential reversal play at hand with the sudden spike of buyers coming into the market alongside the bullish divergence taking place on the MACD indicator. These key factors may be a sign of a potential push towards the upside.
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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.