- If the price falls below the 0.6496 support, a move towards the 0.5065 level can be expected. - If a breakout and confirmation above the 0.6739 resistance is received, an upward movement may begin. - To enter the transaction, it is important to wait for the price to show a reversal sign at the levels I have indicated.
- The general outlook is bearish, so short positions may be more advantageous. - A breakout below the 0.6496 level may present a suitable opportunity for a short position. - Don't forget to set the stop-loss level at a critical level such as swing high.
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