This pair is without a doubt one of the toughest pairs to trade at the moment. We have seen the triangle retested, and it has held. It appears that we are entering a new bear market, and this pair should be sold only. However, the 80 handle is without a doubt major support. A daily close below that is going to send this pair much, much, much lower. Until we break below that area, you should sit idle. Buying this pair is not recommended.

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