The pair has slowed down
At the moment, we see on the chart that the upward movement has slowed and after the rebound from the resistance level, the price is preparing to test it again.
The price did not reach the next level which is at 1.3490, and technical indicators have already turned for sale.
We assume that during today's trading may be a slight upward movement, after which the pair will resume the downward movement.
Therefore, we recommend taking short positions with SL above the mark 1.3490. The goals to consider are the marks near the level of 1.3330
The price did not reach the next level which is at 1.3490, and technical indicators have already turned for sale.
We assume that during today's trading may be a slight upward movement, after which the pair will resume the downward movement.
Therefore, we recommend taking short positions with SL above the mark 1.3490. The goals to consider are the marks near the level of 1.3330
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.