A price action below 3.90 supports a bearish trend direction.
Dipped below its 200-day simple moving average.
Further bearish confirmation for a price action below 3.80.
The target price is set at 3.65 (the 200-week simple moving average).
The Stop-loss is set at 4.00.
Failed to break the resistance trendlines through the tops.
Dipped below its 200-day simple moving average.
Further bearish confirmation for a price action below 3.80.
The target price is set at 3.65 (the 200-week simple moving average).
The Stop-loss is set at 4.00.
Failed to break the resistance trendlines through the tops.