There are some clues that this pair might be done with the downside for now. I definitely do not recommend buying lows here but I would keep my eyes open for any bullish signs.
We have reached a former support area - very small though but it could do the job together with the measured 50% move shown on the chart. If we want to see any upside movement at all, we should start with that small dotted downward trendline.
I'm watching this pair closely.
We have reached a former support area - very small though but it could do the job together with the measured 50% move shown on the chart. If we want to see any upside movement at all, we should start with that small dotted downward trendline.
I'm watching this pair closely.