Price is currently bearish and is hunting to flush out daily liquidity pool from 1.19184. There is a monthly liquidity pool lying at 1.16116 in the monthly time frame.
The pair will do one of two things:
SCENARIO 1: (Line Arrow) Anticipating a buy if sentiment changes from current bears. This requires a lot of patience.
SCENARIO 2: (Dotted Arrow) Price will go lower to clear-out a liquidity pool between around 1.19184 zone. Before it goes up.
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