The steep downhill move has hit a saturation point.
RSI indicator has no room for movement at 30 level mark and prices consolidating around the range of 0.65000.
Moreover the counter has formed a bullish bat pattern.
Hence, we expect the pair to the levels of 0.65897 and 0.66515.
RSI indicator has no room for movement at 30 level mark and prices consolidating around the range of 0.65000.
Moreover the counter has formed a bullish bat pattern.
Hence, we expect the pair to the levels of 0.65897 and 0.66515.
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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.