This is a failure in sight, price has traded to the lowest area see last in 2016 January. Many sellers are going to scramble, while so many buy orders will be filled above 0.6467 and 0.6510.
If price manage to break lower than previous day low. we may see short continuation.
If price manage to break lower than previous day low. we may see short continuation.
Note
we are above 0.6510. Keep long above this area
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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.