Cosmos is Looking Down
ATMUSD prices touched the resistance of the downward channel at 9.09, which is traditionally considered a good short sign for an asset. So, it might be a good time to open short trades at 8.78-9.09 with a target at 8.15, which is also a support of the downward channel. Stop-loss could be pinpointed slightly above 9.35, the high of this week.
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