Left hand side - Hourly chart
Right hand side - Daily chart
Pair's bearish price RSI divergence after having failed at key confluence of hurdle at 0.70 (pivot + 61.8% Fibo) if followed by a break below head and shoulder neckline on the hourly chart would suggest the pair is heading lower to 0.85 handle over the next week or so.
Right hand side - Daily chart
Pair's bearish price RSI divergence after having failed at key confluence of hurdle at 0.70 (pivot + 61.8% Fibo) if followed by a break below head and shoulder neckline on the hourly chart would suggest the pair is heading lower to 0.85 handle over the next week or so.
