IF you had shorted this pair from 7.10 onwards, it is high time to take some good profits and enjoy. Probably, it has a last leg left if the selling continues to 6.60 before we see a rebound.
Nota
6.67548 support is now broken.Nota
and the rebound happens.Nota
we are reaching a crucial support level now. Let's see this week if the rebound will take placeNota
This is not good as it has breached the support at 6.60. If it continues next week, it would accelerate further to 6.40Nota
wow, we are now reaching 6.40 soon and who knows if it would plunge further to the 6.20 level before a rebound is possible.
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Aviso legal
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.