Price stuck in a range between weekly resistance 1.25000 & daily support 1.24100. Price failing to break above resistance, price now could be done with its manipulation after making its 3rd touch to its 4 hour descending trendline ready to head down now & create a potentially new lower low. Will be keeping a close eye on this pair for a reversal candle back to the upside or a continuation of price's downtrend..
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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.