ON DAILY TREND ITS ON BEARISH CHANNEL HOW EVER A SMALL BULLISH MOVE CAN BE SEEN ON HOURLY CANDLES AS PER DOW.
As per hourly charts on dow theory its on bullish trend
Just completed its Lower Lower and is ready to give a breakout
It shows that a bullish channel according to DOW theory is taking place.
2nd June a lower high was witnessed on hourly candle charts.On 4th June the previous higher lower was breached confirming the bearish trend. Our new entry shall be @ 132.7 with current SL @ 132.8 . For long holding we can trail the stop loss accordingly. Good Luck!