It seems that the longtermtrend broke these days. The Pair tried to recapture the trend, but the test was directly sold again -thats bearish!
If the pair can`t recapture this trend, the momentum is bearish - only trading above 670 respective 680 will brighten the chart.
Imo, we are on the way down to the 38,2 fibo @ 630. 646 is the pro cyclical main trigger for that Szenario
Comments are welcome -Agree or disagree!
If the pair can`t recapture this trend, the momentum is bearish - only trading above 670 respective 680 will brighten the chart.
Imo, we are on the way down to the 38,2 fibo @ 630. 646 is the pro cyclical main trigger for that Szenario
Comments are welcome -Agree or disagree!
Note
Next action point ahead! Trading below 646,3 could initiiate a fast shortterm selling wave Note
action point triggered Note
H&S ahead? Here is the longterm eprspective! Note
again reached action point (resist) 
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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.