As you can clearly see the pair has broke below the weekly high with a retest and a clear bearish push is expected to whole number 1.6000. As you look at the chart in the 1 hour time frame you can see it just enter zone 2 and is expected to stay there for the rest of the week and possibly the majority of next week.
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.
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.