Price has overall been down trending forming Lower Highs and Lower Lows.
Friday price was rejected by our strong daily resistance and channel resistance, also forming a Double Top formation.
Due to these reasons our next anticipated target is the 0.87093 area, we could also be looking at further bearish movement down to our daily support level.
Friday price was rejected by our strong daily resistance and channel resistance, also forming a Double Top formation.
Due to these reasons our next anticipated target is the 0.87093 area, we could also be looking at further bearish movement down to our daily support level.