It seems that this Pair has two possibilities, It can either continue the Bearish Trend and fall to 0.70933 - 0.70425 (70% Chance)
Or It can created Double Bottom and reverse the trend in Bulls' Favor (30% Chance)
Wait and See is Recommended.
If the Price breaks 0.71700 then SHORT AROUND 0.71600 with the Target of 0.70933 - 0.70430
With Stop Loss of 0.72100.
Note: Please do your own research before any trade action.
Or It can created Double Bottom and reverse the trend in Bulls' Favor (30% Chance)
Wait and See is Recommended.
If the Price breaks 0.71700 then SHORT AROUND 0.71600 with the Target of 0.70933 - 0.70430
With Stop Loss of 0.72100.
Note: Please do your own research before any trade action.
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.
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.