This Pair is clearly currently bearish with the creation of lower highs approaching a monthly support.
- Bearish MA Cross
- Lower Highs
- Rejection off 50% fib level
I believe if price can break the monthly support at the pshychological level of 127.000 I see the completion of a possible D leg at around 121.000.
- Bearish MA Cross
- Lower Highs
- Rejection off 50% fib level
I believe if price can break the monthly support at the pshychological level of 127.000 I see the completion of a possible D leg at around 121.000.
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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.