Nothing much appears to be happening on this chart. As long as the price remains within the previous day's highest high and the previous day's lowest low, we are on the sidelines, basically, we expect the price to break below the previous day's lowest low to signal a possible continuation of the last impulsive wave cycle towards1.1539 and could see the price continue much lower. On this chart basically, sellers appears to have a bit of control. Therefore, only sell positions looks ideal and can safely be recommended.
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