Price has reached the significant level of 1.63000, we see this zone has been rejected 4 times previously so i have a bearish bias if we close below the area highlighted. this has a potential to be a 120 pip trade back to the downside.
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.