I think that the downtrend, or correction, may get further down to the 10.500 zone. We may get a retest at that point again after the retest/correction of last week. As we can see the fibonacci retracement line 0.681 is set to around that area.
If we can see a further upside tot around 15.000/15.500 we may break the downtrend, break-out to the upside, maybe retest the downtrendline and get back up again for a new upside rally.
Trade this pair with care.
If we can see a further upside tot around 15.000/15.500 we may break the downtrend, break-out to the upside, maybe retest the downtrendline and get back up again for a new upside rally.
Trade this pair with care.
Trade closed manually
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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.