The chart is in a bearish phase on the daily timeframe. Given the price movement, support around the 29.140 level is not unexpected. With proper risk management, a buy position can be considered in this area.
This analysis is based on price action, multi-timeframe analysis, and ICT (Inner Circle Trader) methodology.
This analysis is brought to you by the FXonbit Traders Team
This analysis is based on price action, multi-timeframe analysis, and ICT (Inner Circle Trader) methodology.
This analysis is brought to you by the FXonbit Traders Team
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