We have seen price reverse last week from the highs of 1.6295 zone, Price is at a major zone at the moment (1.61011) but a bearish market should continue till 1.59687 zone as buyers could start opening their long positions.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
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.