Good morning Traders!

On intraday chart the trend is still bearish , but the pair has reached the first wave (5) target, and having said that, we can not rule out a technical rebound that could take the form of corrective structure ( ABC ), but area around 6.950/7.250 should be considered a SELL OPPORTUNITY from the market. From the technical point of view, the scalpers could also try to take long (speculative) position, but first of all, a bullish impulse that will develop wave (A), should appear….and now trade your plan!!

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