It would appear that this pair is facing a 6 month trend resistance (yellow line).
The overall trend is bearish.
We need to see if this trend continues. A further break of the bullish (green) trend line will signal further downside.
Let's see how this plays out.
Thanks!
The overall trend is bearish.
We need to see if this trend continues. A further break of the bullish (green) trend line will signal further downside.
Let's see how this plays out.
Thanks!
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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.