False breakout occurred at level 0.8343
Price is rejected from Moving Average 100 on H1 frame
and confirmed with bearish engulfing candle
MACD shows bearish momentum
RSI broke uptrend
Pair is below HVN at level 0.8470 which indicates that there is no power in bulls
It's expected for coming strong bearish wave to target level 0.8150
Price is rejected from Moving Average 100 on H1 frame
and confirmed with bearish engulfing candle
MACD shows bearish momentum
RSI broke uptrend
Pair is below HVN at level 0.8470 which indicates that there is no power in bulls
It's expected for coming strong bearish wave to target level 0.8150