The price is turning very slowly, these tend to be the most effective turns, and forms a shoulder shoulder respecting the turn marked in the curba that trace below the minimum. Starting a correction of the bearish trend, we will see if to reverse it or stop along the way.
The price is starting to turn in a zone of accumulation, whenever the price moves to Bollinger ends sooner or later we have a turn, right now the price accumulates bullish signals in macd, rsi and koncorde, apparently even in such movements Bullish extremes such as the AUDUSD that led him to go up 3 months without correction sooner or later the prices end up...
The price is well above bollinger appearing green zone, which previously made the price corrected in 2015 looking for the average of 200 sessions, in February 2007 the price plummeted in the same month, now we will check if the pattern that could trigger a bear market, in 2015 we had no problems of rising inflation, now the picture has changed completely and makes...
It is likely to take time to turn, as I have appreciated other times, the price is completing on throwback by the break of the trend line, the price has gone below bollinger and that indicates that the movement has been oversized to the low, you should take a break and ascend to the next resistance with a rectangle
The hammer inverted in weekly newspaper shows rejection and start of correction to area of 0.775