As i mentioned in my previous post, this pair is correlated to the GBP/USD pair. Prices are also moving in a downtrend, after having breached an ascending trendline. . The price also broke out of a symmetrical triangle to the downside and completed a retest. Price is making a series of lower highs and lower lows. May the bears take over the world!!!
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.
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.