The price is in a Bearish descending channel however, I believe it is time for a retracement. (Inverted Head & Shoulders)
The Stochastics (6.3 / 5.4 Friday) suggested it is oversold on the Daily chart, and so i expect it to reach the 1.16375-400 range, which may continue to 1.16600 today.
The Stochastics (6.3 / 5.4 Friday) suggested it is oversold on the Daily chart, and so i expect it to reach the 1.16375-400 range, which may continue to 1.16600 today.
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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.