We have a descending triangle and it is typically depicted as a continuation pattern for a downward trend. Watch for price action as there is still some room for long opportunities. Beware of AUD and NZD news next week.
Note
Price is basing at support.
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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.
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.