The cross is trying to rise but resistance encountered are too strong to continue the uptrend
The long term daily market pressure (-3.3) confirm the long term bearish movement.
The cross saturation is High and the short market pressure is not strong enought to continue rising.
This analysis is based on market pressure.
To know more about market pressure and receive a free daily hints for all crosses visit my twitter profile. You can find the link in my tradingview profile at tradingview.com/u/tizianob/ near the name
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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.