The market has been in a bearish trend and is retesting previous support turned resistance. The most obvious move for the next leg is to retest support at 1.305.
The daily candle has also closed as a bearish pinbar at resistance giving more confluence to potential downside.
Trade with caution as NFP results will be released before the close of the trading week.


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Candlestick AnalysisSupply and DemandSupport and Resistance

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