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Price can go up to 1262 before going down. Overall trend is still bearish. Wait for bearish price action before execute any trade
I believe the strong bearish movement wont slow down anytime soon. Personally, I think price is expected to reach 1.573!
Price might retest the counter trendline before moving further downwards.
Possible re-entry:- 1225
TP1 at the 4H key lvl:- 1242
TP2 at Weekly Res:- 1250
Sl :- 1215