Good point quan. As pennies just pointed out, I entered long because of 2 factors. First on the break and retest of a downsloping wedge pattern and an upsloping trendline expecting a bounce. Unfortunately that entry was under resistance and not to mention under a nice round number which rejected it and broke the trendline. I closed after about -20 pips. The wedge may still be in play but I'll wait for now.
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