Theres a couple of thoughts on this one. On a montlhy view or "lONGTERM" im bullish on this pair although price doesnt move or at least a healthy movement usually isnt very steep. Id like to see a bearish momentum. For this to occur price would have to break below the black trendline.
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.