Have you noticed where price is at the moment in this pair and how much downside potential there is in a price.
Price is at 24 years well established bullish channel upper line and with a potential of bearish reversal from this region.
Let me know what you think...
Price is at 24 years well established bullish channel upper line and with a potential of bearish reversal from this region.
Let me know what you think...
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Since the day this analysis was posted, the price has managed to break below a line formation topping pattern in the daily timeframe and has been moving lower. I expect the price to move much lower in this pair.