Looking at this pair we broke the weekly key level and we are yet to still retest for further downside on this pair. So there are 2 potential setups in play on this specific pair. Patience is key. Lets hold out until we get further rejection from the lower support levels before entering the long position. Once we have a solid retest and rejection off our weekly then we can expect further downside of this pair. Safe trading :)
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.