1) Price remain below 1.2000 (1.1975) and if it closes below, a signal for a bearish momentum.
2) Both weekly / monthly trendline are in line for a clear sell breakout and in line with the point no. 1 as well.
3) My swing trade target TP is at 1.1250 whereby i expect a probable rejection from that price level for a next bullish move back towards 1.2500.
2) Both weekly / monthly trendline are in line for a clear sell breakout and in line with the point no. 1 as well.
3) My swing trade target TP is at 1.1250 whereby i expect a probable rejection from that price level for a next bullish move back towards 1.2500.