Trend - Sideways
Key Level - Resistance 1.6000, Support 1.58580 and 1.57620
Price Action- Bearish head and shoulder (H&S) formation.
Trade Ideas- Breaking the area 1.59260 will confirm the formation and will be validated if price break the resistance above. Seling when break and take profit before support area 1.58580. If break this level, second take profit will be 1.57620.
Key Level - Resistance 1.6000, Support 1.58580 and 1.57620
Price Action- Bearish head and shoulder (H&S) formation.
Trade Ideas- Breaking the area 1.59260 will confirm the formation and will be validated if price break the resistance above. Seling when break and take profit before support area 1.58580. If break this level, second take profit will be 1.57620.