-Watch out for the break of neckline. Once the neckline break with HIGH volume, this pair will be remained under pressure for weeks to come. -TP:0.76019 SL:0.79523 -Another possible scenerio is that this pair will be trading in 0.78299-0.8 Range for some time.
Trade active
Going down slowly.
Note
Neckline broken with increasing volume. EMA shows bearish cross over. We are BEARISH on this. Possibly turning into an DOWNTREND soon.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.