Hello Traders,
The pair has been trending towards the downside and broke past 25-50 moving averages, if a daily candlestick manages to close below the 200 moving average it is likely the trend will continue further downwards.
Now, if this does not happen, you could potentially look for a buying opportunity just off the 200 moving average bounce, for a nice little 100+ pip swing towards the upside
The pair has been trending towards the downside and broke past 25-50 moving averages, if a daily candlestick manages to close below the 200 moving average it is likely the trend will continue further downwards.
Now, if this does not happen, you could potentially look for a buying opportunity just off the 200 moving average bounce, for a nice little 100+ pip swing towards the upside
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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.
Telegram ⏩ t.me/freettrsignals
YouTube ⏩ linktw.in/ueTGhN
YouTube ⏩ linktw.in/ueTGhN
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.