The pair is under pressure, and line break shows we are moving south towards 2.0250 as a first stop.
The MACD is negative, and RSI is below its MA and SMI is negative, all showing a reasonable chance going lower.
Strategy SELL @ 2.0480-2.0510 and take profit near 2.0267 for now.
The MACD is negative, and RSI is below its MA and SMI is negative, all showing a reasonable chance going lower.
Strategy SELL @ 2.0480-2.0510 and take profit near 2.0267 for now.
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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.