So as we see bearish momentum on this pair, it has been respecting a high probability 4H trendline, and we see no cause for a trend breakout. There is also a swing low which price has not reached, and we expect that market should tap into the liquidity resting there before we could expect any key reversals. We would a sell at 0.89121, placing our stoploss at 0.89587 and our targets are TP1 = 0.87593 and final TP at 0.87363
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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.