Overall im leaning bearish based on monthly chart.
Thats being said, the lower timeframes have not backed up this thesis. Weekly and Daily are still showing a lack of intention to go lower. More data is needed for confirmation.
Caution on trading Majors until then.
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Final thoughts:
Overall im leaning bearish based on monthly chart.
Thats being said, the lower timeframes have not backed up this thesis. Weekly and Daily are still showing a lack of intention to go lower. More data is needed for confirmation.
Caution on trading Majors until then.