Daily analysis
This pair has been stuck in a daily range between 1.099 -> 1.078
Currently it has just touched the upper boundary so a bearish reversal may take place.
1H analysis
The supporting rising trendline has now been broken with a strong bearish 1H candle closing below it.
IF there is a retest of around 1.09525
THEN look for selling opportunity with a target of <1.084
This pair has been stuck in a daily range between 1.099 -> 1.078
Currently it has just touched the upper boundary so a bearish reversal may take place.
1H analysis
The supporting rising trendline has now been broken with a strong bearish 1H candle closing below it.
IF there is a retest of around 1.09525
THEN look for selling opportunity with a target of <1.084
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.