The counter broke a critical short-term support level of 17.08874.
It then pulled back and tested it as well, validating the break.
Hence, we expect the counter to be bearish for the day and retreat to the support level of 16.86499.
It then pulled back and tested it as well, validating the break.
Hence, we expect the counter to be bearish for the day and retreat to the support level of 16.86499.
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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.