Ive got a short Bias on this however the weekly candle is a Doji so price is still unsure.
reason for my short bias: -Double top rejection at 1.14 resistance area. -M.A to downside -Lower lows and Lower highs as price has been falling. - Lower high on C.T.L touch in confluence with 0.5 FIB Retracement so L.L expected -Daily close below Resistance 1.09 area
My downside target is in confluence with major monthly support in which also you will find the trendline and Fib D1 as extra confluence.
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.