🔹 Performance Overview:
The short-term trend is bearish after breaking the recent low. A temporary price correction is likely before the downtrend continues.
1️⃣ Holding above 1.151 USD may lead to a correction toward 1.160 USD.
2️⃣ However, a break and close below 1.145 USD could push the price down to retest 1.140 USD, followed by 1.135 USD.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
The short-term trend is bearish after breaking the recent low. A temporary price correction is likely before the downtrend continues.
1️⃣ Holding above 1.151 USD may lead to a correction toward 1.160 USD.
2️⃣ However, a break and close below 1.145 USD could push the price down to retest 1.140 USD, followed by 1.135 USD.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
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.