Looking for another push down. This pair has been in a downtrend for years... The daily has been coming down steep, end of last week we tap and rejected the trendline again. There is no denying the downturn, we have another classic 14/50 ema squeeze. Looking for a pending, if we reject the 200 ema I will likely expect at breakeven or better. If we break the 200 ema then we will continue to new lows. Time will tell!
Trade closed: stop reached