This pair formed a descending triangle pattern in a downtrend.
It consolidating in the critical support & start to move in negative direction.
RSI indicator also shows the downward movement.
Hence, it will be bearish from here.
It consolidating in the critical support & start to move in negative direction.
RSI indicator also shows 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.