- The obvious bearish candlestick structure.
- The negative divergence appearing on Stochastic.
The general trend over short term basis is to the downside, targeting 0.7780 as far as areas of0.8965remain intact.
|Recommendation||Based on the charts and explanations above our opinion is, selling the pair with a breakout below 0.8445 targeting 0.8325 and stop loss above 0.8520 might be appropriate.|
Join the Discussion