Since the beginning of this week, this pair has been trading with bearish momentum and is in a downtrend.
Price broke a lower low here just after correcting its first impulse.
We should see a retracement or a pullback before price continues to trend down.
No exact targets could be set on this one. However, Looking for some good risk to reward along this trend is best.
Price broke a lower low here just after correcting its first impulse.
We should see a retracement or a pullback before price continues to trend down.
No exact targets could be set on this one. However, Looking for some good risk to reward along this trend is best.
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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.