RSI falls below 50 level, we see further downside.
MACD also confirms extension of downtrend.
Our previous call has hit all targets.
Next bear target, 2.490.
Recommend booking partial profits, stay short for 2.490.
Bearish invalidation only on decisive close above 20-DMA @ 2.620
MACD also confirms extension of downtrend.
Our previous call has hit all targets.
Next bear target, 2.490.
Recommend booking partial profits, stay short for 2.490.
Bearish invalidation only on decisive close above 20-DMA @ 2.620
