The counter made a steep fall from the resistance from 0.74200.
It then consolidated in a narrow range of 0.73800-900.
Now, it made a bearish breakout out of the range turning MACD indicator into bearish territory.
Hence, we expect the pair to trade with bearish bias in the short-term.
It then consolidated in a narrow range of 0.73800-900.
Now, it made a bearish breakout out of the range turning MACD indicator into bearish territory.
Hence, we expect the pair to trade with bearish bias in the short-term.
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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.