A strong Bearish pull was seen on this pair last week. The bears are not ready to give up just yet, as seen on the daily timeframe, a complete head and shoulder have been formed indicating a possible stop to the long time bullish run. In this new trading week, I'm expecting a Bearish movement on this pair.
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.