MARKET ANALYSIS: The pair is now trading inside a descending channel , It has broken the major daily support level near the 495. A close below the support zone in the daily time frame can give us a better confirmation on the next possible downtrend towards the channel support, Followed by a south impulse to the next major demand zone . So lets wait the market does in the coming days. Cheers!
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.