1) Price remain below 1.2000 (1.1975) and if it closes below, a signal for a bearish momentum.
2) Both weekly / monthly trendline are in line for a clear sell breakout and in line with the point no. 1 as well.
3) My swing trade target TP is at 1.1250 whereby i expect a probable rejection from that price level for a next bullish move back towards 1.2500.
2) Both weekly / monthly trendline are in line for a clear sell breakout and in line with the point no. 1 as well.
3) My swing trade target TP is at 1.1250 whereby i expect a probable rejection from that price level for a next bullish move back towards 1.2500.
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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.