False breakout occurred near supply zone at level 0.8742
Price is below SMA on H1 frame
MACD shows start of bearish momentum
RSI is below level 50
It's expected for coming correction to target key level at 0.8507
then continue going down towards demand zone at level 0.8350
Price is below SMA on H1 frame
MACD shows start of bearish momentum
RSI is below level 50
It's expected for coming correction to target key level at 0.8507
then continue going down towards demand zone at level 0.8350
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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.