Weekly Chart:
Extremely bearish candle with rejection of high price
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest zone 1.606
2. Zone around 1.588 might be the 1st support
3. Zone around 1.57 might be 2nd support
4. Zone around 1.537-1.557 might be the strongest support
Action:
Go short around 1.606
Extremely bearish candle with rejection of high price
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest zone 1.606
2. Zone around 1.588 might be the 1st support
3. Zone around 1.57 might be 2nd support
4. Zone around 1.537-1.557 might be the strongest support
Action:
Go short around 1.606
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.
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.