2016Sep12 I am going short to 76.32 with a stop at 76.99.
The price reached the 38.20% fib retracement level.
There is a strong downward trend.
The RSI is still dropping.
The target takes me to a support level that started forming on July 6th.
The price reached the 38.20% fib retracement level.
There is a strong downward trend.
The RSI is still dropping.
The target takes me to a support level that started forming on July 6th.
Note
Well that was disappointing. It would appear the Brainard speech had quite an effect on the pair.
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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.