The Pair is on a strong downtrend on both the Weekly and Daily time-frames. Price is heading to a strong weekly support level which correlates with the 1.618 Fibonacci retracement. Price might be a pullback to the trend line before making its way to the support level.
Price could also break the trend line at the yellow zone.
Price could also break the trend line at the yellow zone.
Trade fechado: objetivo atingido