Looks like sideways action towards the end of month. If it goes below 6.67, then downswing is more likely. However, it needs to break above 8.00 to get a clear indication of upswing.
Note
As predicted, downswing occurred as it went below 6.67Note
Target should be around 5.22Disclaimer
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.