All Trade Set Ups Are Analysed Using 1hour, 4hour & 1 Day Time Frame

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1-hour, 4-hour, and daily charts all show a strong downtrend with this pair right now. Price is below the 180 and 15-period moving averages on each chart which is also bearish. Add to that a RSI under 50, & a MACD below the signal line & we’ve got serious bearish momentum.