I believe this latest move down is a D leg of the larger triangle that has been forming for over a year. I move above the RSI down trend line could signal the bottom of this leg and the pair would start the E leg higher.
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.
