A price action below 88.50 supports a bearish trend direction.
Crossing below 85.50 will support further downside potential.
The target price is set at 78.50.
The stop-loss price is set at 94.00.
A bearish crossover on the MACD (lower panel) supports a bearish trend direction.
Executing this trade still carries risk due to the possibility of a sudden but minor correction.
Crossing below 85.50 will support further downside potential.
The target price is set at 78.50.
The stop-loss price is set at 94.00.
A bearish crossover on the MACD (lower panel) supports a bearish trend direction.
Executing this trade still carries risk due to the possibility of a sudden but minor correction.