on the monthly, pair has mostly been bearish
but seems to be losing steam as compared to 2016-2017
a change of direction to bears?
but seems to be losing steam as compared to 2016-2017
a change of direction to bears?
Note
price broke previous M-HL, no the strongest of breaks
but could be signs of bears to come
quite a significantly bearish channel has been drawn
Note
Bulls are just not seeming to give up though, solid break above channel
wouldn't jump into any positions though as 0.9 quarter point-resistance level is just around the corner
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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.