Daily RSI – bearish at 46.00
Daily DMI – Bearish
Monday’s daily close was below 50-DMA
Corrective move towards 1.0640-1.07 is likely to be short lived. A short-term sideways action appears likely.
On the downside, another daily close below 50-DMA would open doors for a sell-off to 1.05 levels
Daily DMI – Bearish
Monday’s daily close was below 50-DMA
Corrective move towards 1.0640-1.07 is likely to be short lived. A short-term sideways action appears likely.
On the downside, another daily close below 50-DMA would open doors for a sell-off to 1.05 levels
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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.