Daily: This pair has been creating lh and ll which tell us that short term is bearish based on the timeframe that we are watching.
I would wait for a pullback around the level 1.21555 before we can expect a strong push to the downside
If this scenario cant happen we can have a possible head and shoulder at around 1.23007 but I highly doubt that it will happen
I would wait for a pullback around the level 1.21555 before we can expect a strong push to the downside
If this scenario cant happen we can have a possible head and shoulder at around 1.23007 but I highly doubt that it will happen
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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.