After a nice bearish move, this pair has been in a descending channel for the past 3 weeks. It has recently made a lower high and I sense that it will break out to the downside in the next week or so, to resume the down trend.
I am looking for a lower high to form to take my short entry.
There is support coming up between 1.5180 and 1.5230 that I will target.
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As always, please use sound money and risk management in all your trades.
I am looking for a lower high to form to take my short entry.
There is support coming up between 1.5180 and 1.5230 that I will target.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.