This pair currently is in a descending triangle pattern.
It break the support line & moves in negative direction. RSI also indicates the downward movement.
Hence, it will be bearish from here.
It break the support line & moves in negative direction. RSI also indicates the downward movement.
Hence, it will be bearish from here.
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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.