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The currency pair dropped and now is located at 0.9596 at the time of writing. You knew from my previous analysis that dropping below the uptrend line announced a potential downside reversal.
I've also told you that 0.9619 represented a downside obstacle. Now, it has dropped below it, activating more declines.
Dropping far below 0.9594 confirmed a downside continuation and was seen as a selling opportunity.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
