Hi everyone!
If we look at monthly and weekly chart the trend still remains bearish, but if we pay attention at daily chart, the technical background has changed, at least in the short term, and 1.09 area approach is still possible.
Having said that, we will be following the pair on smaller time frames next week, looking for some pattern to trade as shown on chart.
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Please, support us with "Like & Comment"
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If we look at monthly and weekly chart the trend still remains bearish, but if we pay attention at daily chart, the technical background has changed, at least in the short term, and 1.09 area approach is still possible.
Having said that, we will be following the pair on smaller time frames next week, looking for some pattern to trade as shown on chart.
💝💝💝💝💝
Please, support us with "Like & Comment"
💝💝💝💝💝
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Related publications
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.