After the strong bullish impulse the asset´s price touches now an interesting red zone, and also the resistance line that has maintained the price from the beginning of October 2017.
The price is now under big pressure after the massive impulse, it could possible turn into a range at the 0.76386 area.
By now it´s expected that we´ll see a bearish movement.
But do not forget that the bias remains bullish until it passes the 0.76386 area.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
The price is now under big pressure after the massive impulse, it could possible turn into a range at the 0.76386 area.
By now it´s expected that we´ll see a bearish movement.
But do not forget that the bias remains bullish until it passes the 0.76386 area.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested