Downtrend line breakout, bearish momentum fading, struggling to accelerate lower.
MACD bullish divergence. Bears losing momentum.
Weekly MACD looks like it's rolling over as well. Weekly RSI extremely oversold.
Not expecting this trend to break overnight. I expect another dip/choppiness between 0.80-0.79. Will look for bullish entry at around 0.79 for better risk-reward.
MACD bullish divergence. Bears losing momentum.
Weekly MACD looks like it's rolling over as well. Weekly RSI extremely oversold.
Not expecting this trend to break overnight. I expect another dip/choppiness between 0.80-0.79. Will look for bullish entry at around 0.79 for better risk-reward.