Bearish cues are lining up one after the other in the counter.
The price action is resisted by a bearish trendline and the counter has broken down a critical support level of 1.73201.
Further, the broken support is acting as a resistance capping upside movement.
Hence, we expect the pair to be bearish in the short-term.
The price action is resisted by a bearish trendline and the counter has broken down a critical support level of 1.73201.
Further, the broken support is acting as a resistance capping upside movement.
Hence, we expect the pair to be bearish 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.