The pair has failed the higher levels, and judging the overall pattern, we are witnessing a rounding formation, and this usually translates into weaker levels. The fisher form is negative and MACD has been weak for some time. I feel we should move lower in coming sessions.
Strategy SELL @ 1.8550-1.8585 and take profit near 1.8267 for now.
Strategy SELL @ 1.8550-1.8585 and take profit near 1.8267 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.