There's still room for the pair to go down a bit further, however I expect it not to break long formed downtrend channel, and bounce back up from the edge of the lower channel line. It will require much selling power to get it further down, at the point of which I believe there'll be more buying interests than selling.
The SL is at mid of historical support zone, it can go lower. TP is fib based. GL
The SL is at mid of historical support zone, it can go lower. TP is fib based. GL
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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.