Since the deep fall from the level of 0.88700, we have seen price continue to create lower lows and lower highs to continue the downtrend.
We just recently broke below a support level at 0.87800. Until we see a break above, we remain bearish and will look for sell opportunities.
If we find a break above then we could switch out bias from bearish to bullish. New targets on this sell would be a new low along the trend.
We just recently broke below a support level at 0.87800. Until we see a break above, we remain bearish and will look for sell opportunities.
If we find a break above then we could switch out bias from bearish to bullish. New targets on this sell would be a new low along the trend.