• Rejection at the 200 MA
• Double top pattern on daily chart with neckline around 1.02
• Bears are in control, aim the ascending channel and a break of the neckline
• Resistance at 1.0480
• If neckline is broken successfully, market will test parity level again and lower
• Double top pattern on daily chart with neckline around 1.02
• Bears are in control, aim the ascending channel and a break of the neckline
• Resistance at 1.0480
• If neckline is broken successfully, market will test parity level again and lower
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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.
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.