Yes, technically.. I'm expecting this pair to fall 200+pips based on last month's bearish engulfing candle. If it breaks the 0.6880 level.. and of course the major trendline, you can bet this pair will fall even further. I'd be careful not to catch a falling knife if I were you.
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.