We’ve all witnessed how GU went further down against USD with a 4% decrease, making it a historic low since 1985. This chart is purely based on TA so as you can see, a massive Liquidity Sweep was done and from said demand area, I am expecting it to hit around 1.1400 to produce an uptrend, which is badly needed by this currency. My target is 0.618 of the Fibonacci before a further descent down (if it does happen).
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