The currency pair had been trending in a bullish trend till the time a bearish Divergence on RSI was seen. It has broken below its last HL level and made a LL. Balance has been shifted on Bears favor. Short positions may be opened.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
