Alternative scenario: above 7.86, look for 7.87 and 7.89. Our pivot point stands at 7.86. Our preference: the downside prevails as long as 7.86 is resistance. Alternative scenario: above 7.86, look for 7.87 and 7.89. Comment: the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or […]
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