From the bigger picture we see that sellers are dominating the market. Currently, price looks to be in a correction phase and twice has found resistance at the 1.37740 price point.
If price finds resistance there again, we may see a breakout and another bearish impulse.
If you agree with this analysis, look for a trade that meets your strategy rules.
If price finds resistance there again, we may see a breakout and another bearish impulse.
If you agree with this analysis, look for a trade that meets your strategy rules.
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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.
Low-Cost Trading, for everyone, everywhere.
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.