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A currency pair that has recently decelerated its movement compared to the previous trend period. Due to several unsuccessful attempts to break through the resistance, we expect a further decline. In the second image I showed the D1 interval which shows the possible range. This level is the support and trendline boundary of a designated downturn wedge. In the first image, the scenario is shown, in case the pair bounced up, it would be another time, which would increase the chances of breaking the level. With the seventh attempt to break the level, we could expect the expected reversal of forces in the longer term.


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