- Momentum studies highly bearish
- Extends weakness below 200W SMA
- MACD and DMI support further weakness
Support levels - 0.7355 (trendline), 0.7315 (Sept 6 low)
Resistance levels - 0.74, 0.7416 (5-DMA), 0.75 (21-EMA)
Good to short upticks, SL: 0.7420, TP: 0.7355/ 0.7315
- Extends weakness below 200W SMA
- MACD and DMI support further weakness
Support levels - 0.7355 (trendline), 0.7315 (Sept 6 low)
Resistance levels - 0.74, 0.7416 (5-DMA), 0.75 (21-EMA)
Good to short upticks, SL: 0.7420, TP: 0.7355/ 0.7315
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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.