The traders involved in statistical trading (HMM in this study) can find some indications studying the Hidden Markov Models in Finance book, author Rogemar S. M. J. Elliott.
Weekly VISION
HMM frame of reference suggest a great Sell dynamics for the cross pair. The study admit a possible 60,70% to have an depreciation of the pair value. It can lead to a Support level price at - 22 Pips…