Hasn't quite formed yet... but considering that 1.0 is a strong support level. It's quite possible that a reversal is in order.
Note
It needs to rally beyond 1.2, retrace and bounce off the neckline @ 1.2 and then its a strong sign of reversal.Note
Note
Yep it's a reversal. 1.2 is the support now.
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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.