Strong bearish wave ended at level 1.9405 then correction occurred until level 38.2% Fibonacci level at 1.9774
Price is rejected from this level and break the corrective uptrendline
Below Moving Average 100
MACD shows negative divergence
RSI broke uptrend
Price is based below key level 1.9654 and HVN at level 1.9673
It's expected for coming bearish movement to target the level 1.9405
Price is rejected from this level and break the corrective uptrendline
Below Moving Average 100
MACD shows negative divergence
RSI broke uptrend
Price is based below key level 1.9654 and HVN at level 1.9673
It's expected for coming bearish movement to target the level 1.9405
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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.