This is based on 4hrs. The trend line long term has been broken. We have 2 more days left for this month to end. Market likely to continue the down side. Either we visit 1.1270 and will be pushed back below 1.1180 or It'll go directly to 1.1180 without retesting the TL and continue south. In both ways bears have the upper hand.
For bulls they have to close above 1.1350. As long as market trading below 1.13 we will visit 1.1030
Comment
⋅
Update on the 4hr RED TL. Watch how it performed as projected.