This pair is right at the trendline of this descending channel, we just tested the 0.67200 resistance and we might start the downtrend again since we are at the 0.618 fib level, we expect the pair to start going down, wait for the 4hr candle to close bearish and you can open your sell positions to continue this trend.
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.
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.