Price appears to be in a down trend starting around 1.60000 and falling until 1.05000 finding support price retraced making a 0.382 fibonacci retracemnt while price has continued falling. If trend continues I could see price making new lows below the previous support of around 1.05000.
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.