We are trading @ the EMA 200 near the falling longterm trendline @ 0.7613
Trading below that trendline is still bearish. Trading above 0.767 will brighten the shortterm Chart - trading above 78.4 could cause a longterm Turnaround.
Should the illustrated shortterm-trend break (@ 0.745) TP1 could be the midterm trendline @ 0.733. A break of this Level would initiate a selling wave down to 0.715.
Trading below 0.715 will perhaps cause a selloff to 0.689/ 0.68
Trading below that trendline is still bearish. Trading above 0.767 will brighten the shortterm Chart - trading above 78.4 could cause a longterm Turnaround.
Should the illustrated shortterm-trend break (@ 0.745) TP1 could be the midterm trendline @ 0.733. A break of this Level would initiate a selling wave down to 0.715.
Trading below 0.715 will perhaps cause a selloff to 0.689/ 0.68
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