This pair is in a descending triangle pattern.
it breaks & moves in a negative direction, also RSI indicates the downward movement.
Hence, it will be bearish from here.
it breaks & moves in a negative direction, also RSI indicates the downward movement.
Hence, it will be bearish from here.
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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.