A risk-off remains applicable.
This happens when traders and investors are reducing risk and overall sentiment turns bearish. Market participants start selling risky assets and focus on protecting assets.
Below 0.7390 supports a bearish trend direction.
Crossing above this level will negate the risk-off scenario.
Dipped below its 200-day simple moving average.
Downside price momentum applicale.
Concern is the RSI oversold territtory.
This happens when traders and investors are reducing risk and overall sentiment turns bearish. Market participants start selling risky assets and focus on protecting assets.
Below 0.7390 supports a bearish trend direction.
Crossing above this level will negate the risk-off scenario.
Dipped below its 200-day simple moving average.
Downside price momentum applicale.
Concern is the RSI oversold territtory.
Trade closed manually:
Risk-on period.