Hello traders!
There might be a head and shoulders pattern forming on this pair, as I see a possible short term bounce of the 1.0100 level where price might be also meeting the 20EMA before heading down again to the 0.9970 zone.
Hope you liked this idea, wish you all good luck!
There might be a head and shoulders pattern forming on this pair, as I see a possible short term bounce of the 1.0100 level where price might be also meeting the 20EMA before heading down again to the 0.9970 zone.
Hope you liked this idea, wish you all good luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.