The pair is rejected at a strong level of resistance of both weekly descending trendline + weekly supply zone.
A double top was formed on H4 and the neckline was successfully retested.
A break and retest of the current support could lead to more downside pressure.
A double top was formed on H4 and the neckline was successfully retested.
A break and retest of the current support could lead to more downside pressure.
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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.