Whilst this market has been caught in a range on the intraday charts we can see a potential momentum build up to the downside.
Price is now moving in to test the range support and with the momentum moving lower we could soon see a breakout.
If this occurs it could be a solid pair to watch for breakout trades and smaller time frame breakout and re-test trades.
Price is now moving in to test the range support and with the momentum moving lower we could soon see a breakout.
If this occurs it could be a solid pair to watch for breakout trades and smaller time frame breakout and re-test trades.
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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.
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.