- Breakout Inside Day: A breakout inside day pattern is observed, signaling a potential move.
- Critical Level: A close below 1.3100 could indicate a strong bearish momentum.
- Support Zone: The next major support is at 1.2800, which could be the target if the bearish trend continues.
- RSI Insight: RSI at 58 suggests momentum is cooling, making it a critical point to watch for a potential downturn.
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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.